On February 25, CEX Institutional, which serves institutional clients, posted on social media that BTC options market data shows the densest support cluster is around $60,000, while the first dense resistance zone is approximately $82,000. This means that $82,000 is the first barrier to further upward movement, while $60,000 is a key support level to prevent accelerated decline. Additionally, negative gamma is concentrated in the $60,000–$70,000 range, while positive gamma is clustered above $85,000 and $90,000. This indicates two market tendencies: · A decline to $60,000 may accelerate · An increase to $90,000 may lead to consolidation
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CEX: $82,000 is the first resistance level for Bitcoin to open up upward space
On February 25, CEX Institutional, which serves institutional clients, posted on social media that BTC options market data shows the densest support cluster is around $60,000, while the first dense resistance zone is approximately $82,000. This means that $82,000 is the first barrier to further upward movement, while $60,000 is a key support level to prevent accelerated decline. Additionally, negative gamma is concentrated in the $60,000–$70,000 range, while positive gamma is clustered above $85,000 and $90,000. This indicates two market tendencies: · A decline to $60,000 may accelerate · An increase to $90,000 may lead to consolidation