Bitcoin (BTC) in the cryptocurrency market $95,971.3 While fluctuations in prices continue, a critical option maturity impact is expected on the markets this week. It is considered possible that altcoins, as well as Bitcoin, will gain momentum in the upcoming holiday week.
Impact of Critical Option Maturity on the Market
Singapore-based QCP Capital, Bitcoin and Ethereum (ETH) 
$3,336.4 He stated that a total of $20 billion in options will expire on Friday. This amount accounts for almost half of the total open positions on the Deribit exchange. According to analysts, the impact of this maturity on the market is quite significant. If spot prices remain stable within a certain range, option sellers are expected to maintain their short positions.
QCP Capital said, “If spot prices remain stable, current balances in the options market can be maintained. However, a sudden price movement could disrupt this balance,” he warned. It is possible that market dynamics will determine a new direction after this critical date.
Mobility Expectation in Altcoins
The fact that Bitcoin has remained below the $ 100 thousand level in recent weeks gives rise to the expectation that interest in altcoins may increase again. QCP Capital pointed out that there was a serious movement in the altcoin market last month when the ether/bitcoin ratio found support at the 0.032 level. It was stated that the repetition of a similar scenario could create new opportunities for investors.
FxPro analyst Alex Kuptsikevich said, “Bitcoin could drop to $70,000 in case of a sudden shock. “However, this may create a suitable basis for a recovery towards the $90,000 level,” he said. Capital flows into altcoins are expected to support the overall recovery in the markets.
Fed Policies and Crypto Market
The signal that the US Federal Reserve (Fed) plans fewer interest rate cuts in the future continues to create uncertainty on crypto markets. Additionally, US policies that prevent people from holding Bitcoin force investors to be more careful. This means that short-term price pressures may increase.
In recent weeks, Bitcoin prices have failed to realize the “Christmas rally” expected in December. Bitcoin showed a 2 percent decline on a monthly basis. This development caused the year-end expectations to present a mixed picture in the markets.
Market experts state that investors should carefully evaluate market dynamics. Potential increases in altcoins should be followed closely as well as Bitcoin’s price movements. It seems that the direction in which the cryptocurrency market will move in the new year will be determined in the light of these developments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
