$BTC is stuck in a range, and options positioning is a big reason why. Data from Coinbase Institutional shows two key gamma zones shaping price action.
Between $60K–$70K, negative gamma means moves can accelerate quickly, making dips or rallies sharper. Above $85K–$90K, positive gamma tends to slow volatility, keeping price more stable.
Right now, $60K is the key support while $82K acts as the first major resistance. A rejection at $82K could keep the range intact, but a clean break higher opens the door toward the upper zone, likely as a slower grind rather than a breakout.