A quick look at the on-chain chip distribution shows that BTC has really accumulated over 1.2 million coins in the price range of 84500 to 87000. This magnitude directly occupies the first and second positions on the entire chain, providing considerable support.
Combined with the recent strong performance of the US stock market, the overall market sentiment remains intact, and there are no obvious negative factors in the short term. After today's options expiration, this massive amount of chips is highly likely to be activated. Whether it breaks above or consolidates below for a shakeout is still uncertain, but one thing is for sure: the upcoming volatility will definitely be significant. Be prepared, as the market may come very soon.
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AllTalkLongTrader
· 14h ago
1.2 million coins stacked here, the big players are getting itchy, just waiting to watch the show.
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SerRugResistant
· 12-26 11:48
1.2 million tokens stacked there, just waiting for the options to explode. Either break through or wash out orders. Anyway, just idling around.
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ForumMiningMaster
· 12-26 11:47
1.2 million tokens are stacked there, either pushing the market up or crashing it down, it all depends on what the whales are thinking.
Once the delivery is complete, we'll be ready to strike. Just don't get washed out.
The sentiment for this wave of market movement is coming, everyone stay steady.
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FlashLoanLarry
· 12-26 11:46
1.2 million coins are already here, but it feels just like a trap set up.
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GweiWatcher
· 12-26 11:42
1.2 million BTC coins are piled up here; either it surges or crashes down. Anyway, I'm just wasting time, might as well take a gamble.
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ChainMelonWatcher
· 12-26 11:42
1.2 million tokens are stacked so heavily in that price range, which is indeed impressive. After this wave of options settlement, I'm afraid some action will have to be taken.
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MEVSandwichVictim
· 12-26 11:41
1.2 million coins are stacked here; whether the market maker manipulates or not depends on their mood.
After options expiration, things indeed start to move, but I bet on a decline.
It's the same old story, waiting to be trapped.
Accumulation of chips does not necessarily mean a rise; history has shown that the opposite operation can earn more.
Good US stocks ≠ good in the crypto circle; don't deceive yourself.
Volatility can't be avoided, so why not profit from both long and short positions?
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BlockchainFoodie
· 12-26 11:36
yo this 120k btc stacked between 84.5-87k is basically a perfectly aged brie waiting to be sliced... massive support layer but like, the real question is whether we're getting that clean breakout or just another wash cycle? 期权交割后绝对会有动静,准备好就完事儿
A quick look at the on-chain chip distribution shows that BTC has really accumulated over 1.2 million coins in the price range of 84500 to 87000. This magnitude directly occupies the first and second positions on the entire chain, providing considerable support.
Combined with the recent strong performance of the US stock market, the overall market sentiment remains intact, and there are no obvious negative factors in the short term. After today's options expiration, this massive amount of chips is highly likely to be activated. Whether it breaks above or consolidates below for a shakeout is still uncertain, but one thing is for sure: the upcoming volatility will definitely be significant. Be prepared, as the market may come very soon.