Why is there optimism that Bitcoin will stabilize at 100K, and then at 110K?
At the Bitcoin conference, there have been enough visions for the future, and everyone has almost had their fill. No more recharging.
Let's just look at the data.
gamma ex shows that the range from 105K to 110K is still in the negative gamma area for market makers, and the energy is stronger than that in the positive gamma, meaning the amplification effect of volatility is significant, with no price resistance in this range.
Then let's look at the most popular strike price for options, which is 110K.
The market often votes with price, which is the most authentic.
I hope we all work together to break through the barriers and stabilize at 110K.
Then, if you don't want to sell, you can hedge with a short position on a futures contract for six months later.
So beautiful~ Wishing you prosperity.