BTC $79,697.48 +1.68%
ETH $2,520.80 +1.81%
BNB $756.50 +0.21%
XRP $1.44 +3.44%
SOL $104.82 +1.79%
TRX $0.3392 +0.24%
DOGE $0.0914 +2.44%
ADA $0.2222 +2.26%
BCH $260.38 +1.62%
LINK $12.49 -1.27%
HYPE $86.53 +2.99%
AAVE $130.97 +0.26%
SUI $0.8267 +0.84%
XLM $0.1904 +0.30%
ZEC $1,242.17 +9.85%
BTC $79,697.48 +1.68%
ETH $2,520.80 +1.81%
BNB $756.50 +0.21%
XRP $1.44 +3.44%
SOL $104.82 +1.79%
TRX $0.3392 +0.24%
DOGE $0.0914 +2.44%
ADA $0.2222 +2.26%
BCH $260.38 +1.62%
LINK $12.49 -1.27%
HYPE $86.53 +2.99%
AAVE $130.97 +0.26%
SUI $0.8267 +0.84%
XLM $0.1904 +0.30%
ZEC $1,242.17 +9.85%

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

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."

app_icon
ChainCatcher Building the Web3 world with innovations.