I spent quite a while discussing this with a friend: A large block trade on an exchange: sold 100 BTC put options expiring on December 25, with a strike price of $60,000.
Somewhat bearish, but we’ll know in the next few days whether everyone’s reaction was overblown.
I used to want to jump in as soon as I saw this kind of news. Now I wait and see first.
$BTC , 24h -4.08%.

Don’t take this as investment advice.