“BTC Rose to A Record High of Over $ 125,000 Sunday, Extending the Weekly Gain to 11.5%.”, – WRITE: www.coindesk.com
As Bitcoin BTC$ 125.092.39 Trades in Uncharted Territory Near Record Highs, Traders May Be Searching for Cures on What What Comes Next, Especialyly Key Levels That Could Act As Magnets OR Resistance Points.
HERE Are Three Important Levels Worth Watching Closely.
$ 126.100This Level Represents the Upper Boundary of the Broading or Expanding Range Pattern that have been Developing Since Mid-July. The Potential Resistance is Defined by the Trendline Connecting the July 15 and Aug. 14 Highs.
BTC’s Expanding Price Range. (Coindesk)
A reversal from this level Could Trigger A Corrective PullBack Down Town of the Lower Boundary of the Range, RepreSedted by the Trendline Drawn from the Aug. 3 and Sept. 1 Lows.
$ 135,000A Breakout from the Expanding Range Wound Shift Focus to $ 135,000, WHERE Market Makers Currently Hold A Net Long Gamma Position, Accounting To Activity In Deribit
WHEN Market Makers Are Net Long Gamma, They Tend to Trade Against The Market Direction-Buying on Dips and Selling on Rallies-to MainTain Their Overall Market-Neutral Exposure. Other Things Being Equal, This Hedging Activity Tends to Dampen Price Volatility.
In Other Words, The $ 135,000 Level Could Act As A Resistance On the Way Higher.
BTC Options on Deribit: Distribution of Delaer/Market Maker Gamma. (Ambrdata)
$ 140,000Lastly, $ 140,000 Stands Out As Key Level, As Data From Deribit Shows the $ 140,000 Strike Call Is The Second-Most Popular on the Exchange, Holding A Nocial Open Interest of Over.
Nocial Open Interest Refers to the Dollar Value of the Number of Active or Open Options Contracts at A Given Time.
Levels with Large Concentrations of Open Interest Onthen Act As Magnets, Drawing The Price of the Underlying Asset Town of Them. A High Open Interest in Call Options Suggests that Many Traders Expect The Spot Price To Approach or Top That Level.
At the Same Time, Those Who Have Sold Tese Calls, Often Large Institutions, Have An Incentive to Keep The Price Below That Strike. Their Hedging and Trading Activity Armund That Level Can Create Resistance, Making It Harder for the Price To Break Through.
BTC Options: Distribution of Open Interest. (Deribit Metrics)
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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Analysts Note Ascending Channel Formations and Breakout Targets Toward $ 0.30 – $ 0.40 IF Current Support Holds.
- Dogecoin Rebounded to $ 0.26 After A Sharp Deckline, With Traders Eyeing Resistance at $ 0.30.
- Large Holders Accumulated 2 Billion Doge Over 72 Hours, Suggesting Potential for a Breakout.
- Institutional Participation ConfirMed by High Trading Volumes Durying The Recent Price Recovery.
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