Adam: If BTC breaks through $80000, it may trigger the chasing sentiment in the options market

According to Adam, an analyst at Greeks.live, BTC's V-shaped rebound over the weekend was mainly stimulated by news from the US and Iran, and it is expected that the US stock market may still have some effects after opening. He pointed out that the Gamma constraint weakened after this week's delivery, and $78500 is currently the biggest pain point and the watershed between long and short positions. If BTC holds within the range of 77000-78000 US dollars, it is highly likely to maintain strong volatility; If it breaks through $80000, the Call option may reignite the sentiment of chasing gains. The current short-term implied volatility is still low. It is recommended to control costs through strategies such as Call Spread and Put Spread, or wait for BTC to break through $80000 or fall below $77000 before adding positions.