10x Research: Bitcoin will determine whether the $60,000 level will hold as support or break in the coming days

BTC-5,02%

Odaily Planet Daily reports that 10x Research stated on the X platform that the combined effects of Bitcoin options expiration dynamics, political uncertainty, and concentrated positions will determine whether the $60,000 level holds or breaks in the coming days. The market has not priced in tail event risks but is instead positioning based on a baseline scenario. Understanding the probabilities, capital flows, and incentive structures under this pattern is crucial because when gamma turns negative and positions become crowded, price movements can far exceed fundamentals. The report reexamines how the current political landscape may drive risk assets to consolidate and emphasizes that recent major shifts could impact the market. Positioning, policy uncertainty, and volatility dynamics suggest the need for patience and realism. The report assesses whether $60,000 should be viewed as tail risk or an increasingly reasonable baseline scenario. In the current environment, preparation is more important than prediction, and understanding probabilities is essential.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

观点:比特币下跌并非结构性撤离,更像是典型的风险情绪重置

比特币在2月24日一度跌破63,000美元,主要受到不断升级的关税紧张局势和地缘政治风险影响。投资专家认为此次下跌反映了风险情绪的重置,而非加密市场特有因素。

GateNewsBotJust Now

StarkWare CEO proposes a five-step action plan, calling on the crypto industry to address the potential threat of quantum computing

StarkWare CEO Eli Ben-Sasson calls on the crypto ecosystem to proactively deploy post-quantum security upgrades, recommending five steps to address the threat of quantum computing, including enhancing education, organizing resources, consulting experts, and upgrading system protocols.

GateNewsBot5m ago

Glassnode: Over 400,000 Bitcoins are accumulated in the $60,000 to $70,000 range, forming a dense cost support zone

According to Glassnode data, during Bitcoin's recent decline, over 400,000 BTC were accumulated in the $60,000 to $70,000 range, with supply increasing from 997,000 to 1,430,000, a 43% increase. This range forms a dense cost basis for holding, while the $70,000 to $80,000 range is considered a low trading volume zone.

GateNewsBot22m ago

ProCap Financial discloses Bitcoin holdings of 5,007 coins and repurchases 148,241 common shares

Odaily Planet Daily reports that Bitcoin financial company ProCap Financial, listed on NASDAQ, announced that on February 20th, it repurchased 148,241 common shares on the open market. Additionally, the company disclosed that its current Bitcoin holdings amount to 5,007 coins, valued at approximately $335 million. It also holds $75 million in cash and about $100 million in convertible bonds. (Businesswire)

GateNewsBot27m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)