IT Tech Crypto

Ethereum potential liquidations due to high leverage

Recharging batteries 🪫 💪

$27B Options Expiry Tomorrow – Volatility Incoming ⚠️ Largest expiry ever on Deribit (~$24B BTC + $3.8B ETH) hits Friday 08:00 UTC (09:00 CET). Ends the gamma pinning that locked BTC in the 85k–90k range. Post-expiry gamma flush could trigger sharp moves. Bullish call skew favors upside breakout. 📊 Market Snapshot: • BTC: $88,823 (+1.56% 24h) • ETH: $2,972 (+1.56% 24h) • ETH/BTC: ₿0.03346 • BTC Dominance: 57.7% • Total Market Cap: $3.07T • Total Volume: $91.77B • Coinbase Premium: -$77.35 (soft US demand) • Open Interest: $27.54B (-1.05%) • Funding Rates: 0.8790% • MVRV: 1.55 • Fear & Greed: 20 (Extreme Fear) • ETF flows: -$175M (Dec 24) 🔔 Last 24h Developments: • Flash wick on Binance – BTC briefly plunged to $24k on thin USD1 pair (Trump stablecoin) before instant rebound. Isolated glitch in holiday liquidity, no broader sell-off. • Trump Media shuffled $174M BTC (2,000 BTC) across wallets. Treasury reshuffle, no price impact. • Extreme Fear at 20 – longest streak since FTX. Oversold signal with no capitulation yet. • Crypto M&A hit record $8.6B in 2025 – structural wins clash with stagnant prices. • Negative Coinbase Premium persists – soft US demand in thin holiday volume. 📢 Takeaway: Tomorrow's record options expiry lifts gamma pinning and likely unleashes volatility (upside favored by call dominance). Negative premium + Extreme Fear = short-term fragility but oversold conditions. Stay defensive: ultra-low leverage, watch the expiry spike. Any post-event dip could be prime accumulation before January liquidity. ❌ https://x.com/it_tech_pl/status/2004499009323573664?s=46

Merry Christmas 🎄 Enjoy this time with your loved ones, away from charts and noise. Recharge, spend it with family, and come back stronger for 2026.

Merry Christmas 🎄 Enjoy this time with your loved ones, away from charts and noise. Recharge, spend it with family, and come back stronger for 2026.