BTC $63,564.44 +0.99%
ETH $1,904.83 +1.38%
BNB $604.48 -0.23%
XRP $1.00 +0.17%
SOL $75.68 +0.59%
TRX $0.3323 +0.36%
DOGE $0.0703 +0.83%
ADA $0.1742 -1.13%
BCH $204.57 +0.51%
LINK $9.49 +1.00%
HYPE $59.78 +4.17%
AAVE $86.52 +0.82%
SUI $0.6775 +0.16%
XLM $0.1582 +0.94%
ZEC $510.71 +5.13%
BTC $63,564.44 +0.99%
ETH $1,904.83 +1.38%
BNB $604.48 -0.23%
XRP $1.00 +0.17%
SOL $75.68 +0.59%
TRX $0.3323 +0.36%
DOGE $0.0703 +0.83%
ADA $0.1742 -1.13%
BCH $204.57 +0.51%
LINK $9.49 +1.00%
HYPE $59.78 +4.17%
AAVE $86.52 +0.82%
SUI $0.6775 +0.16%
XLM $0.1582 +0.94%
ZEC $510.71 +5.13%

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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