Analyst: The market is heavily betting on Bitcoin breaking through $75,000, and the short-term trend is about to be triggered.

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Odaily Planet Daily reports that Greeks.live macro analyst Adam posted on the X platform that quarterly options expiring at the end of the month now account for over 40% of the open interest. The single contract of $75,000 call options makes up more than 5%, an unprecedented concentration, all betting on $75,000. Gamma walls and gamma concentration indicate a consensus market view. Currently, Bitcoin is trading at $73,500, close to $75,000, with a nearly two-month sideways trading upper boundary. This week could be the key for Bitcoin to break through $75,000.

BTC3.69%
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