BTC $64,327.09 +1.86%
ETH $1,908.43 +1.20%
BNB $604.65 -0.14%
XRP $0.9998 -0.15%
SOL $75.79 +0.67%
TRX $0.3310 -0.15%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.87%
BCH $204.07 +0.20%
LINK $9.47 +0.25%
HYPE $58.92 +1.91%
AAVE $87.95 +1.25%
SUI $0.6756 -0.23%
XLM $0.1578 +0.02%
ZEC $515.15 +4.76%
BTC $64,327.09 +1.86%
ETH $1,908.43 +1.20%
BNB $604.65 -0.14%
XRP $0.9998 -0.15%
SOL $75.79 +0.67%
TRX $0.3310 -0.15%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.87%
BCH $204.07 +0.20%
LINK $9.47 +0.25%
HYPE $58.92 +1.91%
AAVE $87.95 +1.25%
SUI $0.6756 -0.23%
XLM $0.1578 +0.02%
ZEC $515.15 +4.76%

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."

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