BITCOIN BREAKS $82K RESISTANCE, VOLATILITY REBOOTS đ
Glassnode reports Bitcoin pierced the $82â83k resistance, ending the recent narrow range and reigniting market volatility. Shortâgamma exposure of roughly $2Z billion near $82k and a surge in 1âweek implied volatility suggest heightened shortâterm trading demand and potential price spikes.
Track the $2Z billion shortâgamma pocket at $82k; expect amplified moves on any order flow. Scrutinize depth on topâtier exchange for whale sellâside absorption or aggressive buying. Anticipate rapid IV swings; align positions to capture shortâterm volatility bursts while guarding against sudden reversals.
Not financial advice. Manage your risk.
#Bitcoin #Crypto #Volatility #Options #Whales
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