【Blockchain Rhythm】This Friday’s Bitcoin options expiration volume is quite massive—$23.6 billion, the largest in Bitcoin options history.
From the overall structure, buyer sentiment is somewhat optimistic, with a clear tilt towards bullish positioning. The most interesting point is the largest pain point: $96,000. What does this price level signify? Here, options shorts stand to profit the most, while options longs suffer the greatest losses. But precisely because of this, this price level itself becomes a strong upward support—no one wants to see options being crushed at this point. From a trading game perspective, this bullish bias in the options structure combined with the high-level pain point will actually reinforce market expectations for price appreciation.
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GasFeeAssassin
· 12-27 00:28
You can't push down 96,000; just wait and watch the show this Friday. The 23.6 billion benchmark's upward momentum is indeed impressive.
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ShadowStaker
· 12-25 14:31
96k pain point is doing heavy lifting here, ngl. whole setup screams coordinated accumulation but... something feels off about the "bullish narrative writes itself" angle they're pushing. validators watching this closely—network resilience matters more than options theater imo.
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WenAirdrop
· 12-24 11:30
The 96,000 level is quite intense; both bulls and bears are battling it out here.
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MidnightGenesis
· 12-24 11:26
On-chain data monitoring shows that the 96k point is indeed an interesting battleground... According to conventional tactics, bears would typically push hard at this level, but this extreme structure instead locks in bullish expectations. As expected.
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SchrodingerGas
· 12-24 11:25
The 96k price level is really interesting; the dead end for the bears has instead become a moat for the bulls. The charm of a balanced game.
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HorizonHunter
· 12-24 11:15
The 96,000 level is indeed very tight, but I think the market might be more capable than we imagine.
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GraphGuru
· 12-24 11:04
The 96,000 level is really incredible; the bulls are reluctant to let it go down, and the betting feeling is at its peak.
Bitcoin's largest options expiration in history approaches: $23.6 billion in size, with the biggest pain point potentially triggering a rally
【Blockchain Rhythm】This Friday’s Bitcoin options expiration volume is quite massive—$23.6 billion, the largest in Bitcoin options history.
From the overall structure, buyer sentiment is somewhat optimistic, with a clear tilt towards bullish positioning. The most interesting point is the largest pain point: $96,000. What does this price level signify? Here, options shorts stand to profit the most, while options longs suffer the greatest losses. But precisely because of this, this price level itself becomes a strong upward support—no one wants to see options being crushed at this point. From a trading game perspective, this bullish bias in the options structure combined with the high-level pain point will actually reinforce market expectations for price appreciation.