azou Farhat

Key Focus and Potential Catalysts
The current market is in a highly sensitive state, and the following events may break the impasse:
1. Key Economic Data Today: The United States will release the final Q3 GDP and October PCE inflation data. If the data reinforces expectations for an interest rate cut by the Federal Reserve, it may boost risk assets; if it shows an overheating economy, it may bring pressure.
2. Huge Options Expiry (December 26): Bitcoin options worth approximately $24 billion (about 23.6B) will expire on Friday. This may intensify market volatility for the remainder of the week. Both bulls and bears are vying around key strike prices of $100,000 (bullish) and $85,000 (bearish).
3. Technical Breakthrough: The market is waiting for a breakout signal.
Upward Breakout: Must stabilize above $90,000, with the next target at $91,400-$94,000.
Downward Breakout: If it loses the support at $87,000, it may test the $84,000-$84,600 area.

💎 Summary and Operational Thinking
Simply put, Bitcoin is in an impasse of 'having a top and a bottom.' Both bulls and bears are waiting for a catalyst that can break the balance.

For traders, the current mainstream market view is **to remain cautious or trade within a range, and not to blindly chase up or down**. Before a **volume-driven directional breakout** occurs, the aforementioned key support and resistance levels should be used as the main reference for decision-making. #加密市场观察
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