Coinbase Institutional 🛡️ (@CoinbaseInsto): Looking for clues to where BTC is headed next? Follow spot demand, not derivatives flows.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC0Neutral
Looking for clues to where BTC is headed next? Follow spot demand, not derivatives flows. Nearly one-third of options open interest rolled off on Sep. 25, and dealers don’t need to trade as much with the market to stay hedged. So spot may set the tone: key levels to watch include resistance at $85k and $89k and support at $81k. The quarterly expiry removed nearly a third of options open interest and returned dealer gamma to neutral ↓