Price keeps circling $85k-$90k like it's magnetically anchored.
There's a reason for that, and it has nothing to do with sentiment or chart patterns.
$BTC is pinned to a critical options level around $88k.
The behavior above and below that line is completely different.
Above it, market makers are structurally forced to sell rallies and buy dips.
Any upward momentum gets capped and price gravitates back to center.
It's mechanical, not discretionary.
Below that level, the dynamic flips.
Selling feeds on itself, volatility expands instead of compressing, and the range stops holding.
There's a reason for that, and it has nothing to do with sentiment or chart patterns.
$BTC is pinned to a critical options level around $88k.
The behavior above and below that line is completely different.
Above it, market makers are structurally forced to sell rallies and buy dips.
Any upward momentum gets capped and price gravitates back to center.
It's mechanical, not discretionary.
Below that level, the dynamic flips.
Selling feeds on itself, volatility expands instead of compressing, and the range stops holding.
BTC0.57%


