I just saw an interesting analysis from Glassnode about the Bitcoin market structure. It seems there is a large concentration of put options at the $62,000 strike — like, a lot of people betting that the price will drop to that level. This makes that level very important now, acting as a critical support for BTC.



It's the kind of information that makes us think about where the big players are positioned. If that level gives way, things could get interesting. Anyway, it's worth watching how the price behaves in this zone.
BTC-2.08%
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