BTC $63,532.11 +0.92%
ETH $1,900.86 +1.22%
BNB $604.07 -0.44%
XRP $1.00 +0.07%
SOL $75.47 +0.38%
TRX $0.3321 +0.18%
DOGE $0.0700 +0.50%
ADA $0.1744 -1.34%
BCH $204.38 +0.33%
LINK $9.55 +2.10%
HYPE $59.32 +3.66%
AAVE $86.60 +0.40%
SUI $0.6768 +0.20%
XLM $0.1580 +0.79%
ZEC $510.55 +5.34%
BTC $63,532.11 +0.92%
ETH $1,900.86 +1.22%
BNB $604.07 -0.44%
XRP $1.00 +0.07%
SOL $75.47 +0.38%
TRX $0.3321 +0.18%
DOGE $0.0700 +0.50%
ADA $0.1744 -1.34%
BCH $204.38 +0.33%
LINK $9.55 +2.10%
HYPE $59.32 +3.66%
AAVE $86.60 +0.40%
SUI $0.6768 +0.20%
XLM $0.1580 +0.79%
ZEC $510.55 +5.34%

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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