Analysts: Market Concentrates Bets on Bitcoin Breaking Through $75,000, Short-Term Direction Poised for a Shift

Odaily News: Adam, a macro researcher at Greeks.live, posted on platform X, stating that the quarterly options expiring at the end of the month now account for over 40% of the open interest. The $75,000 call options alone make up more than 5% of the single contract volume, representing an unprecedented level of concentration, with everyone betting on $75,000. The Gamma wall and Gamma concentration indicate a consensus gathering of market views. Currently, Bitcoin is trading around $73,500, very close to the $75,000 mark, coinciding with the upper resistance level of the nearly two-month consolidation range. This week could be crucial for determining whether Bitcoin can break through $75,000.