#比特币趋势与价格分析 Today, Bitcoin has ushered in the largest annual delivery in history at $23.7 billion. Such major events tend to follow predictable market patterns. Looking at past data, I found that before each delivery, the market is often tightly suppressed by gamma hedging, with prices moving sideways within a narrow range. But once the delivery is completed, that "cage" disappears, volatility instantly amplifies, and a one-sided trend often accelerates.

Recalling the major annual delivery on December 27 last year, BTC was oscillating between $70 and $80. After settlement, it directly broke through $80,000, kicking off the year-end rally. The situation this time is similar: before delivery, BTC is confined within the $85,000-$90,000 range, mainly due to low liquidity and gamma suppression.

The key is what happens after the delivery. Historically, after the pressure is released, the market usually breaks upward. Some analysts are even optimistic about reaching $100,000. But my recommended approach is: closely monitor for a confirmed breakout after delivery, and avoid chasing the highest point. Once a confirmed breakout above $90,000 with supporting volume occurs, that’s a good time to follow in.

By the way, although such large volatility windows are short, they are perfect for engaging in micro-interactions—many projects will airdrop or launch activities when market sentiment is high. Capturing the 1-3 days after delivery is crucial. If possible, accumulate interaction records during this period and wait for rewards to land.