Analyst: Bitcoin faces greater downside risk, currently selling call options offers high cost-effectiveness

Odaily Planet Daily News Greeks.live macro researcher Adam stated that Bitcoin has recovered the $60,000 integer level. Currently, GEX is concentrated at the $60,000 level. As the price repeatedly fluctuates around this key level, both call and put positions have accumulated at this point.

However, put positions are currently distributed in the $55,000 to $60,000 range. Below $55,000 is a vacuum zone for trading volume; once broken, the downside space is significant. Above $60,000 is a range that has been repeatedly tested in recent months, with a more even distribution of positions. Overall, the downside risk is greater. Macro uncertainty coupled with capital outflows from the United States makes it difficult to support the cryptocurrency market. Currently, selling call options offers relatively high cost-effectiveness.