The $BTC price has been stuck in a tight range between $85,000 and $90,000 for weeks โ€” leaving many traders frustrated and uncertain about whatโ€™s next. On the surface, it looks like the market just canโ€™t decide which way to go.

But according to crypto analyst NoLimit (@NoLimitGains), this price stagnation isnโ€™t about buyers or sellers losing interest. Instead, itโ€™s a mechanical market effect caused by options-driven gamma exposure โ€” a key factor that keeps BTC bouncing between these levels.

Why Gamma Keeps BTC Trapped in This Range

The largest concentration of put options sits right near the $85,000 level โ€” the point of maximum gamma exposure. When Bitcoinโ€™s price nears this zone, market makers hedge by buying spot BTC, creating automatic buying pressure that absorbs sell orders and prevents sharp drops.

Similarly, heavy call option exposure near $90,000 triggers automatic selling as the price approaches that level, capping any strong rallies.

This tug-of-war between forced buying and selling keeps Bitcoin trapped in this range โ€” no matter the news or short-term hype.

December 26: The Gamma Expiry That Could Change Everything

This delicate balance is about to shift. On December 26, 2025, a massive options expiry worth around $23 billion is scheduled โ€” set to remove nearly half of the total gamma currently controlling Bitcoinโ€™s price dynamics.

When this happens, the artificial forces keeping BTC pinned between $85k-$90k will fade. No more automatic buying below or forced selling above. The price will finally be free to move based on real market demand and supply.

โ€œThis is a turning point,โ€ NoLimit says. Once gamma pressure disappears, Bitcoin could break out of its range and enter a new phase of volatility and momentum.

What Comes Next? Key Factors for BTCโ€™s Direction

Bitcoinโ€™s next move largely depends on where the price is trading when these hedging flows drop off:

If BTC is near the lower range, downside momentum could accelerate with no artificial support.

If BTC is near the upper range, removal of forced selling could enable a breakout to the upside.

Either way, the calm price action BTC has shown for weeks wonโ€™t last. Volatility is poised to return, and the next big move may happen faster than many expect.

Final Thought for Traders & Investors

Watch December 26 closely โ€” it could mark the moment Bitcoin starts moving on real conviction again, ending the options-driven sideways market.

#USGDPUpdate #BTC่ตฐๅŠฟๅˆ†ๆž #UpdateBTC

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