Bitcoin is trapped in an options cage today, with $1.4 billion worth of Deribit large options about to expire. The price is firmly pinned below the 74K max pain point, oscillating repeatedly within the 65K-75K range, with each rebound precisely targeted and suppressed.


This is not retail speculation, but institutional manipulation through gamma pinning to control the rhythm. Before expiry, breaking through seems hopeless, and downward support is fragile.
This kind of artificial suppression is extremely unhealthy. Once tonight’s liquidation ends and the pressure is released, BTC may experience intense volatility.
BTC0,6%
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