Click on the link to enter the meeting: https://meeting.tencent.com/p/5551765098 BTC The weekend market continued to fluctuate narrowly as usual, with a small cycle trend that was almost straight, not breaking above 88600 and falling below 86500. However, it fell from around 90400 to 86500 last weekend. After turning the clock, the lowest point on Monday morning was 86500. On the hourly chart, the Bollinger Bands narrowed, and the market is expected to break out of the range. The MA60 stopped falling near 86500, and the 120 minute chart clearly shows that the current small interval is only between 88600 and 86500. On the 4-hour and daily lines, the short-term bullish trend can be weakened in the weekend sideways, and caution should be taken against the occurrence of top divergence. ETH Auntie Tai's daily pressure is in the range of 3030-3050. If you can rebound and rise in this range, you can continue to try short positions. At present, there is no need to do it. Defend 3100 and make up for the position. The target support below is 2930-2900. If you fall below this range, the small-scale rebound will be considered complete. The target support below is 2775.2700.2600 SOL The daily pressure above SOL is in the range of 129-133. If you can rebound and rise in this range, you can continue to try short positions. At present, there is no need to do it. Defending 135 can make up for the position. The target support below is to first see 123 fall below this range and rebound at a small level. The target support below is to continue to see 119-116.110 BNB The daily pressure above BNB is in the range of 870-880. If you can rebound and rise in this range, you can continue to try short positions. At present, you don't need to do it anymore. Defend 900 and make up for the position. The target support below is 845. If you fall below this range, the small-scale rebound is considered to be over. The target support below is 820.800.790 Operation suggestion: Bitcoin: Long near 86500, target 88000-88500; Short selling target 87500-87000 near 89800. Ethereum: long around 2920, make up long at 2880, target 3000-3020; Short selling near 3020, short filling at 3040, target 2920-2900. Weibo: Qian Yi Seagull flock: 62055217 Tencent Meeting Live Number: 5551765098 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.

[Analysis Suggests the Largest Options Expiry in History May Intensify BTC Short-Term Volatility] Data analyst Murphy stated that approximately $23.6 billion worth of Bitcoin options will expire on December 25, marking the largest options expiry in Bitcoin's history. After market makers unwind related hedging positions, the support and resistance formed by the options structure may temporarily lose effect, potentially intensifying BTC volatility in the short term until the market's capital structure readjusts. Murphy pointed out that if BTC retraces to around $80,000 to $82,000, there might be a short-term rebound opportunity. Currently, on smaller scales of price and capital increment gradients, bullish divergence signals have emerged, indicating that the downward trend may correct and there is a demand for a rebound. Historical data shows that similar signals have often been accompanied by rebound rallies or trend reversals, but the current market sentiment remains bearish, making a rebound more likely.

[Mainstream Perp DEX liquidity remains low during Christmas, Lighter may see its last points distribution] On December 25, according to DefiLlama data, the trading volume of mainstream Perp DEXs has significantly declined over the past 24 hours. If Lighter launches its mainnet and issues tokens before December 31, this Friday may mark the last points distribution. Some platform trading volumes are as follows: Lighter trading volume is approximately $5.04 billion, TVL around $1.41 billion; Hyperliquid trading volume is approximately $3.5 billion, TVL around $4.13 billion; Aster trading volume is approximately $2.85 billion, TVL around $1.27 billion; EdgeX trading volume is approximately $1.87 billion, TVL around $368 million; ApeX trading volume is approximately $1.76 billion, TVL around $46.26 million; Variational trading volume is approximately $1.09 billion, TVL around $66.18 million; Backpack trading volume is approximately $813 million, TVL undisclosed; Pacifica trading volume is approximately $488 million, TVL around $41.44 million.

[A whale deposits 2.6 million USDC into Hyperliquid to open a LIT short position] According to Onchain Lens monitoring, a whale deposited 2.6 million USDC into Hyperliquid to open a 1x leverage LIT short position.

On December 26th at 16:00 (UTC+8), Bitcoin options with a nominal value of approximately $23.4 billion expired, marking the largest single day delivery scale in history, with a maximum pain point of $95000. According to the data of open contracts, the current call/put ratio of Bitcoin options is 0.36, and the nominal exposure of call options is significantly dominant. Among them, call options are highly concentrated in the exercise price range of $100000 to $120000, while put options are densely distributed around $85000.