Back to the 9k range again in just half a month? Can it hold this time? Last week, I mentioned that after Friday's options expiry, market makers would release liquidity, which could cause significant volatility for BTC. Is it starting this Monday? Macro perspective: Sentiment in the U.S. stock market is still okay. Early morning stock index futures opened with minimal movement (0.1%). Not sure if we can expect Trump to announce a new Fed chair this week, but other than that, no major news. December unemployment rate data is set to be released on the 19th. On-chain data: Position data across all exchanges—check the quoted tweet for details. Currently, the bullish buying seems to be brewing. Generally speaking, this is a bullish signal, but that doesn’t mean prices will just skyrocket without resistance. URPD data: First cluster of positions at 87,000, second cluster at 84,500. Historically, when there’s this much accumulation at a single price level, it’s usually time to pick a direction. After the options suppression and with no major bearish sentiment in the stock market, it seems like there’s a bullish vibe? But will the 9k range get knocked down again this time? It’s been pushed back down nearly four times in the past half month. The 908-92 range above is a resistance zone. If it can hold here, we might have something to look forward to. Of course, am I being too bullish? Let’s stay cautiously optimistic. Support below is still at 845-87. What do you guys think? Can the 9k range hold?