Analysis: The vicinity of the $78.5K max pain point remains the key battleground for Bitcoin bulls and bears

According to an analysis by Greeks.live, Bitcoin's weekend rebound was fueled by news of US-Iran tensions. Core takeaway for this weekend's BTC options: Gamma constraints have weakened after the delivery, and the area around the $78.5K max pain point remains the key battleground for Bitcoin bulls and bears. In the short term, if BTC holds the $77K-$78K range, it is likely to continue oscillating with a bullish bias. If it breaks above $80K on strong volume, the Call side could reignite buying momentum. Short-term IV remains low. Given the strong expectation of near-term consolidation, it is more suitable to use Call Spreads / Put Spreads to control costs.