Deep Tide TechFlow News, May 11th, according to 10x Research analysis, since mid-January, Bitcoin's total gamma exposure has remained negative, currently reaching -3.2 billion USD at the $82,000 strike price. In a negative gamma environment, market makers are forced to trade in the direction of the trend, with upward momentum accelerating buying and downward momentum accelerating selling, intensifying price volatility. As the options expiration dates on May 29th and June 26th approach, the negative gamma suppression effect is expected to gradually dissipate, and Bitcoin's downward bias will ease accordingly. Currently, market demand for call options has significantly exceeded that for put options, and institutions expect market sentiment to shift from bearish to bullish at that time.

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