$BTC has bounced and is now pushing back into a dense cluster of options positioning near $65K.



As price moves into these zones, dealer hedging flows can become more supportive, helping stabilize the market after a period of elevated volatility.

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BTC3.92%
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ReadingContractsUntilMyEyesAre
· 28m ago
So now is the dealer propping up the floor, or is it just a false support resulting from passive hedging?
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ForkInTheRoadmap
· 1h ago
The options wall is at 65K. If broken through, the short gamma will explode; if not broken, it will continue to shake.
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GateUser-991fc58a
· 1h ago
Dealer hedging flows supportive—what this phrase means in English is: the market maker has started to get to work.
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ApeWithNotes
· 1h ago
This rebound just happens to push into the dense exercise zone, and the gamma squeeze risk hasn't been fully eliminated yet.
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GateUser-15b19a42
· 1h ago
With 65K positions, options are clustered, and once the market maker hedges the position, volatility should be able to be suppressed.
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