Currently, Bitcoin is in a narrow trading range between $87,500 and $88,000, and the market is in a consolidation phase at high levels. Due to approximately $23 billion worth of options expiring tomorrow (December 26), short-term volatility is expected to increase significantly. Currently, institutional whales are still accumulating, and if the strong support level at $80,000 can hold, there is still room for a rally in the future.
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Currently, Bitcoin is in a narrow trading range between $87,500 and $88,000, and the market is in a consolidation phase at high levels. Due to approximately $23 billion worth of options expiring tomorrow (December 26), short-term volatility is expected to increase significantly. Currently, institutional whales are still accumulating, and if the strong support level at $80,000 can hold, there is still room for a rally in the future.