2025-12-22 16:23:25

You'll probably encounter this talking point repeatedly:

"Billions in $BTC options expiring Dec 26th..."
"Artificial price suppression..."
"Max pain levels..."

Honestly? Most of it's just noise. 📣

$BTC, $MARA, and $ETH don't move based on options mechanics. Sure, the derivatives market gets attention, but that's not what's actually driving price action. The real story is simpler — risk appetite. When institutional and retail appetite for risk shifts, markets respond. When it retreats, they correct. Everything else is secondary.

Stop getting caught up in the options narrative. Watch the macro sentiment instead.

BTC-2,03%

ETH-3,29%

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StillBuyingTheDip

· 2025-12-22 16:53

Alright, the discussion about Options is back, the maximum pain level every day, it's getting annoying. Risk preference is what really matters, everything else is just nonsense. Just follow macro sentiment, don't let Options trick you into a bad situation. Well said, finally someone has broken this layer of glass. There's too much noise around Options, we still need to see how the overall environment goes. I just want to know what the institutions' risk preference is right now. Retail investors are still struggling with the pain level, while institutions have already started moving real money. But whether your argument is correct or not will be seen in the next few weeks.

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SybilSlayer

· 2025-12-22 16:53

I'm tired of hearing about the expiration of Options, it's really pointless. Risk preference is the real deal, everything else is just a supporting act, this logic holds. When macro sentiment shifts, chaos ensues, while retail investors are still studying the maximum pain level, haha. Instead of pondering the Options mechanism, it's more important to keep an eye on institutional movements, where the money goes matters more. To be honest, that pile of derivation products is just a smokescreen, the real price drivers are elsewhere.

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