00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Bitcoin remained below $90,000 as gold and silver hit record highs,
00:07according to commentary from trader Main. He said on his podcast that Bitcoin is
00:11experiencing suppressed volatility that could end as 2026 begins.
00:17Main pointed to the expiration of $27 billion in crypto options on Deribit as a key catalyst.
00:23He said heavy options positioning had gamma-pinned Bitcoin between $85,000 and $90,000.
00:30With much of that exposure cleared, he said that price constraints have eased.
00:35On-chain data shows whales and firms such as MicroStrategy accumulating,
00:39while smaller wallets sell amid extreme fear.
00:44Main views the divergence as temporary. He expects a strong start to 2026,
00:49followed by a weaker second half.
00:50For all things money, visit Benzinga.com.
