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CoinOtag 2025-12-14 15:03:52

Bitcoin’s Rally Near $90,000 May Face Pressure from Long-Term Holders’ Derivatives Use

Bitcoin's rally keeps failing near $90,000 due to long-term holders monetizing positions through derivatives rather than outright selling. This creates steady sell pressure from hedging activities, countering spot demand from ETFs and investors. The market structure now prioritizes mechanical flows over sentiment, leading to capped upside despite strong fundamentals. Long-term holders are using options and [...]

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