BTC $64,279.29 +0.27%
ETH $1,870.28 +0.57%
BNB $567.90 +0.60%
XRP $1.09 +0.69%
SOL $74.37 +0.88%
TRX $0.3304 -0.16%
DOGE $0.0724 +4.79%
ADA $0.1644 +0.71%
BCH $209.27 -0.12%
LINK $8.38 +0.57%
HYPE $58.10 +0.16%
AAVE $91.35 -2.44%
SUI $0.7115 +0.09%
XLM $0.1782 +0.26%
ZEC $483.86 -2.28%
BTC $64,279.29 +0.27%
ETH $1,870.28 +0.57%
BNB $567.90 +0.60%
XRP $1.09 +0.69%
SOL $74.37 +0.88%
TRX $0.3304 -0.16%
DOGE $0.0724 +4.79%
ADA $0.1644 +0.71%
BCH $209.27 -0.12%
LINK $8.38 +0.57%
HYPE $58.10 +0.16%
AAVE $91.35 -2.44%
SUI $0.7115 +0.09%
XLM $0.1782 +0.26%
ZEC $483.86 -2.28%

Analyst: The market tends to see $85,000 as a buy point for BTC on a pullback, with funds betting that $90,000 is a short-term support

2025-12-12 14:41:48
Collection

Cryptanalysis expert Murphy posted on social media, stating, "The views and predictions of traders (institutions) regarding the current market are summarized as follows: 1. Funds are using the 85,000 in-the-money Call to leverage long positions while selling Puts to collect premiums, indicating with real money that even if there is a correction, they are more inclined to treat 85,000 as a buying point on a pullback rather than the starting point of a new round of deep declines. 2. A large amount of Puts being sold at 90,000 indicates that there is capital betting that this is a short-term support level. 3. The simultaneous surge in buying Calls and buying Puts near the current price shows that funds are preparing for the next significant volatility."

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