Samson Mow, an advocate for "bitcoin price reaching $1 million," said that bitcoin holders should mark this date on their calendars.

In the days leading up to Christmas, bitcoin has remained largely stagnant, much to the frustration of both bulls and bears. Currently, the price of bitcoin is hovering around $89,000 to $90,000—far below the peak of approximately $126,000 seen in October.

To the average person, it may seem to have stalled, with little momentum for further development. But Samson Mow does not accept this explanation. This bitcoin advocate, known for his predictions of seven-figure bitcoin, says that dates matter more than candlestick charts, and December 26 (UTC+8) is a day traders have been eagerly awaiting.

The reason lies in the options market, rather than on-chain discussions or macro news. A large number of options expiring in December will mature on the 26th (UTC+8), with strong demand for call options between $100,000 and $118,000, and a particular concentration at the $100,000 strike price.

On the downside, the risk exposure of put options is concentrated around $85,000 to $90,000, effectively limiting price volatility. Those managing this risk are forced to follow a specific plan: sell when prices are high, buy when prices are low, and hold bitcoin until the contract expires, during which prices will fluctuate slightly.

What will happen on December 26 (UTC+8)?

This period is merely an artificial calm, caused by hedging trades rather than real supply and demand. In this light, it is not that sellers are leaving or buyers are giving up, but rather a stalemate, with gamma acting like gravity until the market cycle takes over.

On December 26 (UTC+8), the gravity disappears. As options expire and hedging trades are unwound, the forces suppressing price volatility vanish almost overnight. History shows that once this structure collapses, bitcoin rarely remains quiet.

If the spot price stays above $90,000 and breaks through $100,000 with actual volume growth, traders will be forced to buy short call options. This could lead to a rapid move toward the $110,000 to $112,000 region.