Greeks.Live: Some traders are worried that the $90,000 resistance level will be difficult to break through, and the market may be entering a bear market correction phase.

PANews reported on December 23 that, according to the Greeks.Live daily briefing, market sentiment in Bitcoin is currently highly divided. Some traders are concerned that the $90,000 resistance level will be difficult to break, and the market may be entering a bear market correction. Pre-Christmas liquidity shortages have triggered downward pressure, and continued pressure from long positions in contracts has exacerbated market volatility, while volatility has fallen to historic lows.

In the options market, $86,000, a key support level repeatedly tested over the past five weeks, has become a focal point. Many traders are managing short put option positions expiring this weekend with strike prices near $86,000, as concerns intensify as BTC approaches this support level. Some traders are considering selling put options expiring at $93,000 on January 2, 2026, while others plan to establish weekend-expiring positions when BTC reaches $88,000.