Market Analysis
Bitcoin traders are holding out for one more price dip before expecting the uptrend to resume with new highs.
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Ethereum whales have added significant holdings while bitcoin maintains market lead amid rising altcoin activity.
Building on mid-week weakness and gold's record surge, Bitcoin's price stayed suppressed below $90,000 amid a $300 million gamma options expiry on December 26, 2025, unleashing potential for sharp moves. Over $28 billion in Bitcoin and Ethereum options expired on Deribit, amplifying crash risks, with technical patterns signaling further downside.
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The price of BNB fell over 3% to $850, breaching important support levels amid a broader downturn in the cryptocurrency market. This technical decline occurred without any specific negative news for BNB, coinciding with losses in major assets like bitcoin and ether. Trading volume surged to $115.7 billion during the 24-hour period.
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