Dr.Hash“Wesley”
Dr.Hash“Wesley”|Feb 06, 2026 04:55
Someone in the big orange group asked a question today, so let me answer it. Why is 60k so solid? It's because, based on the data, there's a large amount of profitable puts and market makers selling puts (closing positions for profit/making money by selling due to high IV) at the 60k level. Essentially, this is equivalent to buying BTC at 60k. If 60k is broken, then it's 50k.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads