According to TechFlow news on October 5, CoinDesk reported that analyst Omkar Godbole pointed out that the current potential resistance level for Bitcoin is above $126,000. The dynamics of the options market suggest that $135,000 and $140,000 may be key price levels for the next phase of Bitcoin. Data from the Deribit platform shows that call options with a strike price of $140,000 are the second most popular call options, with a nominal open interest exceeding $2 billion. This indicates that many traders expect the spot price to approach or break through this level, and the hedging and trading activities around this level may create resistance, making it harder for the price to break through.
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According to TechFlow news on October 5, CoinDesk reported that analyst Omkar Godbole pointed out that the current potential resistance level for Bitcoin is above $126,000. The dynamics of the options market suggest that $135,000 and $140,000 may be key price levels for the next phase of Bitcoin. Data from the Deribit platform shows that call options with a strike price of $140,000 are the second most popular call options, with a nominal open interest exceeding $2 billion. This indicates that many traders expect the spot price to approach or break through this level, and the hedging and trading activities around this level may create resistance, making it harder for the price to break through.