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Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Friday is the expiration date of cryptocurrency options, which is considered one of the largest events of the year. Option expiration, like a "timed catalyst," may dominate the short-term market. 1: The largest option expiration in history; The total value of Bitcoin (BTC) and Ethereum (ETH) options at maturity is approximately $27 billion, with BTC options worth approximately $23.6 billion and ETH options worth approximately $6 billion. Potential impact: Maturity often triggers the "biggest pain point" effect, and market makers adjusting their positions may lead to short-term price convergence, followed by rebound or reversal. Historical data shows that volatility can increase by 20-50% after such events. Combined with the thin liquidity during the Christmas holiday, extreme market conditions are prone to occur. 2: Market sentiment; The Crypto Fear and Greed Index has been in a state of "extreme fear" for 14 consecutive days, reflecting a sustained downturn. But institutions are still accumulating; Chain KOLs continue to sing multiple BTC. 3: BTC trend judgment: Short term volatile upward trend, but high risk. If it remains above $85200, support long positions; If the option expires and triggers a sell-off, it may test lower support. In the mid-term (until the end of the year), if it breaks through $90000, it can be seen as $93300; Otherwise, it may fall back to the $80000 range. 4: ETH trend judgment: Short term rebound and upward trend, the bottoming process may be completed. If it remains above $2940, I am optimistic about reaching $3080-3150. The medium-term risk lies in the overall weakness of crypto, and if BTC is dragged down, it may backtrack to $2780. Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
