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[V @VcoreyI]

@RatCityShaman @CurtisHouck CBS should used the court transcript and tell the truth. They are fueling misinformation.

[V @VcoreyI]

@charliebilello Now he’s playing the victim.

[V @VcoreyI]

@WagamemnonGlenn @judyshel @CNBC He is not being objective at all.

[V @VcoreyI]

@LivingTricks_ Now

[V @VcoreyI]

@kyle_papili @vxdb Thanks for sharing this information. They just left us out there with no solution.

[V @VcoreyI]

@digitalassetbuy It is possible to buy and sell in Bitcoin without converting to dollars. Russia and China transact in Bitcoin.

[HustleBitch @HustleBitch_]

🚨 2 CHAINZ STUNS THE INTERNET AFTER REVEALING THE CYBERTRUCK REPLACED HIS ENTIRE GARAGE

2 Chainz just said it on camera to Shannon Sharpe… and people weren’t expecting this.

All those high-end cars he owns?
They’re sitting.

Because of one Tesla truck.

• He says it’s the most comfortable and easiest vehicle he owns
• Charges at home… no gas stations, no stops
• Claims it can literally drive him home while he eats
• Mentions built-in protection and insane acceleration
• Says everything else stays parked now

He’s not comparing it to other electric cars.

He’s comparing it to everything he owns including $500,000 luxury vehicles.

From six-figure exotics to daily driving… this one replaced all of them.

Not louder. Not flashier.
Just better for real life.

If million-dollar garages get replaced by one truck… what does that tell you?

📹 - ClubShayShay

[V @VcoreyI]

@SantiagoAuFund Globalist philosophy destroys nation state sovereignty

[V @VcoreyI]

@peruvian_bull Someone should investigate the weekend dumping that has been going on also.

[V @VcoreyI]

**options trading activity** — particularly dealer hedging from large **covered call** positions and concentrated gamma exposure — is currently **suppressing Bitcoin's price upside** and **reducing its volatility** as of late January 2026.

This isn't a permanent or conspiratorial cap, but a mechanical effect driven by market structure in the now-mature Bitcoin derivatives market (especially on platforms like Deribit, OKX, Bybit, and through ETF-related options overlays).

### Key Mechanisms at Play
1. **Covered Calls by Long-Term Holders**
Many long-term Bitcoin holders (including some institutions and "OGs") sell out-of-the-money call options against their spot holdings to generate premium income (yield) without selling the underlying BTC.
- Dealers/market makers buy those calls and hedge delta-neutral by **selling spot BTC** (or equivalents via ETFs/futures) as price rises → this creates automatic **selling pressure on rallies**, capping upside.
- On dips, they buy back → temporary floor forms.
→ Net result: **price pinning** in a range, reduced volatility, and suppressed upward momentum.
Analysts (e.g., Jeff Park, Hermes Lux) have explicitly called this out as a major contributor to recent "stuck" behavior around $95k–$100k levels.

2. **Gamma Exposure and Dealer Hedging**
High concentrations of options open interest (especially calls near $100k strikes) create significant **positive gamma** for dealers in certain ranges.
- Dealers hedge dynamically: sell into strength, buy into weakness → **dampens volatility** and pins price (e.g., artificial ceiling at $100k, floor lower).
- Recent reports describe this as a "**mathematical cage**" or "**engineered dampening**" with ~$1.2B+ net gamma exposure suppressing moves until major expiries pass (e.g., January 16/30 rollovers noted as potential catalysts for relief).
- Post-expiry unwinds often release the pressure, historically leading to volatility spikes and directional moves (up or down, depending on net positioning).

3. **Options Dominance Over Futures**
Bitcoin options open interest has outpaced futures in recent quarters, shifting the market toward volatility/risk-management plays rather than pure leverage. This structural change inherently damps spot volatility compared to earlier, futures-dominated cycles.

4. **Covered Call ETFs / Yield Strategies**
Products like potential or existing yield-focused Bitcoin ETFs (and overlays on spot ETFs like IBIT) sell calls to manufacture income → same hedging dynamic applies at scale, compressing variance further. This transitions Bitcoin toward "Tier 1 collateral" behavior with lower realized swings.

### Evidence from Market Data & Recent Patterns
- Bitcoin has shown prolonged range-bound action (e.g., multi-week pinning near key strikes) despite supportive macro/ETF inflows.
- Implied volatility has often stayed relatively compressed or inverted in front-end, with realized volatility hitting floors (e.g., ~29% annualized) before rebounds.
- Large expiries (e.g., December 2025's record ~$23–28B notional) repeatedly suppressed volatility pre-expiry, then unlocked moves post-expiry (e.g., early 2026 breakout observed after Dec resets). Similar dynamics are in play now.
- Community and analyst consensus (Glassnode, CoinDesk, X threads) attributes much of the "boring" or capped price action to these derivatives flows rather than weak organic demand.

### Bottom Line & Outlook
**Yes** — options-related hedging is actively suppressing **upside price discovery** and **volatility** right now, creating artificial stability/range-bound trading. This is most pronounced when gamma is stacked near spot and large covered-call flows persist.

Traditional fianace has taken control of the natural supply demand characteristics of Bitcoin

[V @VcoreyI]

@PauloMacro Trying to change the narrative before the investigation.

[V @VcoreyI]

@Jethroe111 So is it safe to say Bitcoin spot is being controlled by paper options aka Tradfi?

[V @VcoreyI]

@LynAldenContact Merry Christmas!

[V @VcoreyI]

@daveweisberger He’s a professed socialist. He will always need money that he doesn’t have.

[V @VcoreyI]

@SantiagoAuFund Don’t forget about forward guidance

[V @VcoreyI]

@QuintenFrancois Paper bitcoin adjusted the correlation.

[V @VcoreyI]

@daveweisberger @operationdanish Why should anyone be taxed on assets they purchased and appreciated. Is there no end to taxes? Can you make any profit in America without it being taxed. How about sound money management and stop deficit spending.

[V @VcoreyI]

@DailyLoud Beautiful!

[V @VcoreyI]

@RebellioMarket Wait for a confirmation candle for a potential sell.