🔥$23 billion options expiration! BTC is about to change direction
This Friday (December 26), the largest scale of options expiration in history, #BTC contracts, with over $23 billion in positions concentrated for settlement, market volatility risk is rapidly increasing.
📌 Why is it important?
After the options expire, they will either go to zero or trigger hedging liquidation, both of which will directly impact spot trading. In a low liquidity environment during holidays, small funds may also spark large market movements.
🎯 Key price levels
Gamma risk is concentrated between $86,000 and $110,000, with the maximum pain point around $96,000.
The 85k put is weakening, the 100k call remains active, and the market maintains cautious optimism about the "Christmas rally." 🎄
In simple terms: prepare for volatility, pay attention to risk control in the short term, and key price levels could be "broken through" at any time. 💥
