JUST IN: Bitcoin Implied Volatility Hits Multi-Year Low Ahead of $5.2 Billion Friday Expiry.
The market has gone dangerously silent at $91,850. This isn't a lack of interest; it is a textbook "dealer pin." With a massive monthly options expiry due tomorrow (Friday), market makers are actively suppressing price action to crush premium values, keeping Bitcoin locked in a tight range.
This matters because the compression is artificial.
Once these contracts settle, the "gamma clamp" holding the price down will release. On-chain data shows that while price is flat, Open Interest (OI) is climbing, c