Odaily Planet Daily reports: Adam, a macro researcher at Greeks.live, posted on X that quarterly options expiring at month-end now account for over 40% of open interest, with single contracts of the $75,000 call options making up more than 5%—an unprecedented level of concentration, all betting on $75,000. The gamma wall and gamma concentration signify a concentrated alignment of market sentiment. With Bitcoin currently trading at $73,500, close to the $75,000 level—the upper boundary of a two-month consolidation—this week may be critical in determining whether Bitcoin can break through $75,000.
Analyst: Market Concentration on Bitcoin Breaking $75,000; Short-Term Direction Imminent
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Summary
Bitcoin analysis from Greeks.live shows that over 40% of Bitcoin news open interest is concentrated in quarterly options expiring at month-end, with more than 5% in $75,000 call contracts. Bitcoin analysis indicates this concentration reflects a shared market expectation around the $75,000 level. Bitcoin’s price is currently at $73,500, near the $75,000 level and the upper boundary of a two-month range—a breakout could occur this week.
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