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A massive $8.27 billion worth of Bitcoin options are heading toward expiration on January 30th—marking the year's biggest derivatives settlement to date.
Right now, market makers are holding their ground, but conditions are brewing for a sharp move. The Gamma Flush that everyone's been watching for is edging closer. With Max Pain pinned around the $90k level, the sideways chop that's defined price action lately looks ready to break. When it does, expect real volatility to show up.
The pieces are falling into place. Keep your guard up.