Bitcoin Opens a New Trading Window — Breakthrough Weekend Before Trend Change

BTC Price on the Edge of a Decision: The End of the Options Limitation Era

After the options expiration on December 26, Bitcoin enters a new market phase where price dynamics are no longer dominated by structural constraints. As of today, BTC is trading at $91.58K, up 0.87% in the last 24 hours, fluctuating between $90.24K and $92.52K.

This transition is crucial. Over the past days, Bitcoin’s price has moved within a tightly defined window maintained by approximately $415 million in gamma exposure. Since December 26, about $287 million of this is attributed to that, indicating powerful mechanical forces holding the price within the $88,000–$90,000 range.

How Gamma Exposure Suppressed Price Movements

Gamma acted as an invisible regulator, protecting against any attempt to break key levels. When the price approached the boundaries, option dealers increased hedging positions, absorbing upward or downward momentum. This mechanism explains the frustrating halts just below resistance and the lack of deeper declines below support.

Now, the situation is changing. After expiration, gamma exposure decreases sharply, shifting to much weaker series in January and March. This does not create selling pressure but removes the structural obstacle for larger moves. Bitcoin transitions from an options environment to the spot market—where the actual demand, volume, and acceptance will determine the direction.

Weekend Window: Volatility Test or Trend Reversal?

Next weekend will be a key test. With decreasing weekend liquidity, Bitcoin will trade more sensitively to every flow. Investors will watch whether consolidation around $88,500 turns into a sustained rebound or another correction wave.

Technically, BTC remains in an upward channel on daily candles. The middle zone of the channel (around $88,500) is a turning point. The DMI indicator shows weakening trend strength as +DI and -DI approach each other, suggesting consolidation. Capital flows have fallen below zero on the CMF indicator, indicating investor caution.

Price Scenarios: Where Is Bitcoin Heading?

Bull scenario: If BTC stays above support at $88,000–$89,000 and new spot demand appears, technical structure favors a gradual approach toward $92,000, crossing the psychological $90,000 level.

Bear scenario: Failure to defend the $89,000 area could trigger a market drop due to low weekend liquidity, potentially pulling the price toward $85,000.

Currently, the most probable scenario is consolidation within the pattern below the upper point of the channel, awaiting monolithic flows on Monday.

What Changes After Expiration: From Options to Market Reality

Short-term traders will feel the most change. The price becomes more reactive to actual buying and selling, without being absorbed by options mechanics. Long-term holders may not notice the change until volatility triggers broader trend shifts.

Early-week institutional flows on Monday will be decisive. Strong continuation of the rally will indicate a real scenario shift, while weakness will suggest temporary weekend naivety.

Why Weekend Liquidity Matters

Lower liquidity means fewer orders to absorb large transactions. Both buyers and sellers move the market more drastically. Movements can be sharp but do not always reflect the true sentiment—often they are just artifacts of limited trading activity.

Bitcoin enters the weekend with a new trading window where the old mechanics no longer dominate. This is a transitional moment, testing whether structural change signifies a trend change or merely a change in players.