The market bets on 80,000 $ as a strong support in options trading
According to BlockBeats, on-chain data analyst Murphy noted significant activity in options trading. A large number of call options at 80,000 $ were purchased, while there was also a notable increase in call option sales and the purchase of put options at $100,000. The market is positioning itself at 80,000 $ as a strong support level, with bullish investors setting positions at this price level. Conversely, 100,000 $ is considered a strong resistance level, with bearish investors believing it will be challenging to break through, which increases protective measures against a potential breakthrough.
