PANews reported on December 26th that Negentropic, co-founder of Glassnode, stated in an article on the X platform that the overall price trend of Bitcoin is currentlyPANews reported on December 26th that Negentropic, co-founder of Glassnode, stated in an article on the X platform that the overall price trend of Bitcoin is currently

GlassNode Co-founder: Bitcoin price trend is positive, and pressure from derivatives trading is dissipating.

2025/12/26 22:52

PANews reported on December 26th that Negentropic, co-founder of Glassnode, stated in an article on the X platform that the overall price trend of Bitcoin is currently positive. During pullbacks, buying pressure has been consistently strong, and recent lows remain resilient. An important potential change is that the heavy burden of derivatives trading has finally dissipated. The largest Bitcoin options expiration in history has just passed, with a notional value of approximately $23.6 billion.

For much of the past few weeks, the dynamics of hedging have put downward pressure on prices, with upward attempts largely mechanical rather than natural. This is changing. As these flows dissipate, Bitcoin's price is no longer constrained by hedging. When price structures are no longer dominated by hedging, price discovery mechanisms tend to come into play again, and the current trend is more favorable for continued price increases.

From a macroeconomic perspective, the US M2 money supply continues to expand, growing 4.3% year-on-year in November to a record high of $22.3 trillion. This marks the 21st consecutive month of expansion, currently about $400 billion higher than the peak in 2022. Even in real terms, liquidity is still rising, with inflation-adjusted M2 growing by 1.5% year-on-year, marking the 15th consecutive month of growth. The long-term trend is clear: the depreciation of fiat currencies has not stopped.

Market Opportunity
ChangeX Logo
ChangeX Price(CHANGE)
$0,00137499
$0,00137499$0,00137499
+0,06%
USD
ChangeX (CHANGE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Markets await Fed’s first 2025 cut, experts bet “this bull market is not even close to over”

Markets await Fed’s first 2025 cut, experts bet “this bull market is not even close to over”

Will the Fed’s first rate cut of 2025 fuel another leg higher for Bitcoin and equities, or does September’s history point to caution? First rate cut of 2025 set against a fragile backdrop The Federal Reserve is widely expected to…
Share
Crypto.news2025/09/18 00:27
Solana zakt onder 130 dollar terwijl whales verschuiven

Solana zakt onder 130 dollar terwijl whales verschuiven

De koers van Solana is onder de grens van 130 dollar gezakt. Tegelijkertijd verschuift de aandacht van een deel van de grote investeerders. Nieuwe meme coins in
Share
Coinstats2025/12/27 23:46