Uptober’s Follies: Bitcoin’s Wild Ride 🌪️💰

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Ah, mes chers lecteurs, gather ’round for the US Crypto News Morning Briefing-a spectacle of financial folly and digital derring-do! 📰✨

Sip your café au lait ☕ as Bitcoin (BTC) traders, those modern-day Tartuffes, gaze upon September’s final expiry and dream of Uptober, a month where, like a farcical comedy, prices have historically soared. Yet, beware! Options positioning and institutional flows may turn this romp into a tragicomic stall. 😱

Crypto News of the Day: Traders Wager on October’s Whims 🌚

The crypto rabble is abuzz with Uptober, a moniker fit for a Molière play, where October’s rallies are as predictable as a miser’s greed. Yet, before the curtain rises, options markets send mixed signals-a record expiry with bets on higher prices, and the potential for a breakout once contracts vanish like a scoundrel in the night. 🕵️♂️

As BeInCrypto proclaimed, over $16 billion in Bitcoin options expired on Deribit, a sum that would make Harpagon blush! 💸

🚨 Options Expiry Alert 🚨

At 08:00 UTC tomorrow, over $22.3B in crypto options expire on Deribit; one of the biggest quarter-end expiries. 🔥
$BTC: Notional: $17.06B | Put/Call: 0.76 | Max Pain: $110K
$ETH: Notional: $5.20B | Put/Call: 0.80 | Max Pain: $3,800

Q3’s largest…

– Deribit (@DeribitOfficial) September 25, 2025

Crypto options, those cunning contracts, allow traders to gamble on Bitcoin’s future without touching the coin itself-a game of shadows and speculation! 🎭 When such contracts expire en masse, they “pin” Bitcoin’s price like a character trapped in a Molière farce, stuck between $115,000 and $120,000. Volatility, alas, is muted until the contracts settle. 🧊

But once the pin is removed, the market may leap like a scorned lover, depending on whether bulls or bears held the upper hand. 🐂🐻

Thus Do Bitcoin Traders Prepare for Uptober’s Caprices 🎭

Bitfinex analysts, those wise observers of human folly, report traders piling into call options, particularly in the $115,000 to $125,000 range. Such bets, like a gambler’s prayer, pay off if Bitcoin ascends-a sign of bullish bravado! 🚀

Yet, beware the market makers and dealers, who hedge their risks by trading against the tide, creating a tug-of-war that stifles movement until expiry clears the stage. 🤼♂️

Nicolai Sondergaard, a sage from Nansen, notes institutions are bullish, with structured trades poised to profit if Bitcoin rises. A put-to-call ratio of 0.65 reveals more bulls than bears-a herd mentality, perhaps? 🐃

“Retail traders are making balanced short-term bets, but institutions are leaning bullish with structured trades that benefit if Bitcoin rises,” Sondergaard declared, as if reading from a script. 📜

September, ever the chaotic month, has lived up to its reputation. But as October approaches, volatility awaits its cue to return. 🌪️

Historically, #Bitcoin finds a low in September of the post-halving year, and then bounces off of it into the market cycle top that occurs in Q4. 🌍⏳

– Benjamin Cowen (@intocryptoverse) September 3, 2025

Keep an eye on ETF flows, perpetual funding rates, and whether options positions reset at higher levels-the plot thickens! 🔍

Chart of the Day 📈

Byte-Sized Alpha 🧠

Crypto Equities Pre-Market Overview 📊

Company At the Close of September 25 Pre-Market Overview
Strategy (MSTR) $300.70 $298.75 (-0.65%)
Coinbase (COIN) $306.69 $305.88 (-0.26%)
Galaxy Digital Holdings (GLXY) $32.12 $31.50 (-1.91%)
MARA Holdings (MARA) $16.07 $16.06 (-0.062%)
Riot Platforms (RIOT) $16.74 $17.00 (+1.55%)
Core Scientific (CORZ) $16.84 $16.70 (-0.83%)

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2025-09-26 17:52