Currently, the #BTC below 85k is still a very heavy negative gamma zone... We are only looking at three options with relatively large holdings (the giants on the 5th, 12th, and 26th)
This means that if the price falls below here and does not recover quickly, the options party will need to hedge, increasing volatility (accelerated decline).. The integration GEX of kingfisher has the same conclusion, with negative gamma below ( accelerating volatility) and positive gamma above (suppressing volatility, which means that when it rebounds, there will be damping, making it not so easy to bounce back).
Currently in Figure 2, the liquidity here has already been wiped out.. Here, we need to enter the real spot demand zone, where there are already many visible orders hanging here.. At the same time, it is also the demand zone for the "second probe" that many people who have previously seen the 9-level and then felt regret have been waiting for.
So the question arises, if the price really returns to 82k~83k, would you consider entering the market? Let's do a little survey to see if this "demand zone" is real.....
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Currently, the #BTC below 85k is still a very heavy negative gamma zone... We are only looking at three options with relatively large holdings (the giants on the 5th, 12th, and 26th)
This means that if the price falls below here and does not recover quickly, the options party will need to hedge, increasing volatility (accelerated decline).. The integration GEX of kingfisher has the same conclusion, with negative gamma below ( accelerating volatility) and positive gamma above (suppressing volatility, which means that when it rebounds, there will be damping, making it not so easy to bounce back).
Currently in Figure 2, the liquidity here has already been wiped out.. Here, we need to enter the real spot demand zone, where there are already many visible orders hanging here..
At the same time, it is also the demand zone for the "second probe" that many people who have previously seen the 9-level and then felt regret have been waiting for.
So the question arises, if the price really returns to 82k~83k, would you consider entering the market? Let's do a little survey to see if this "demand zone" is real.....