Analysis: Market liquidity decreases during the Christmas holiday, Bitcoin may struggle to pump significantly.

Odaily News Bitcoin prices failed to maintain above $90,000 for an extended period, due to reduced liquidity from the Christmas holiday, soaring precious metal prices, and the impending record options expiration. These factors collectively impacted the price movement of the crypto assets market. Approximately 300,000 Bitcoin options contracts (notional value of about $23.7 billion) are set to expire on Friday, double that of the same period last year, with positions concentrated around the $85,000 and $100,000 strike prices. BRN research director Timothy Misir stated that the market sentiment remains defensive. The rebound lacks follow-through momentum, and while the dumping has been small, it has lasted longer. (The Block)