Economist Peter Schiff told Bitcoin holders this is a rare chance to exit before a further crash, calling recent liquidity a “gift” and arguing precious metals like silver would have been a better hedge. Bitcoin rallied intraday to $89,194 but remains ~29.3% below its record high. Separately, about $28 billion in Bitcoin options are set to expire, an event that typically suppresses volatility around a "max pain" price; volatility could return sharply after expiry and potentially fuel an explosive rally in January absent significant negative news.

Summary states Schiff urged holders to exit and called liquidity a 'gift' (bearish view); BTC hit an intraday high of $89,194 and is ~29.3% below its record high (price context); roughly $28B in BTC options expire, which typically suppresses volatility around a max-pain price but can allow a sharp return of volatility and a potential rally after expiry (market-moving event).