Today's Key Bitcoin Price Levels from Options Data
Hello Binance Square👋
Analysis below ↓
BTC
Price: approx. $63,800
Volmex (BVIV): 37.9
GEX: 396.7M
Today's key price levels are shown in the image. Detailed data and analysis are below.
🔹 $67,000 (Maximum Stability Zone)
🔹 $65,000 (Upper Resistance ②)
🔹 $64,500 (Upper Resistance ①)
🔹 $64,000 (Market Center / Most Important Level)
🔹 $63,653 (Key Pivot Level)
🔹 $63,000 (Lower Support ① / Volatility Expansion Point ①)
🔹 $62,000 (Lower Support ② / Volatility Expansion Point ②)
🔹 $61,500 (Maximum Volatility Zone)
Recent Options Trading Data
24H Trading Volume by Expiry
Upside (Calls)
$64,500 (8/13) — 475 BTC
$64,500 (8/13, Bybit) — 333.8 BTC
$66,000 (8/21) — 463.6 BTC
$72,000 (9/25) — 349.3 BTC
$74,000 (9/25) — 371.2 BTC
Current Price
Approx. $63,800
Downside (Puts)
$62,000 (8/14) — 358.7 BTC
$60,000 (9/25) — 622.7 BTC
$55,000 (9/25) — 513.5 BTC
Over the past 24 hours, trading volume was:
Calls: 12,413.33 BTC
Puts: 11,033.88 BTC
According to the image, Calls accounted for 52.94% and Puts for 47.06%.
The trading-volume Put/Call Ratio was:
11,033.88 ÷ 12,413.33 ≒ 0.89
Overall trading volume is nearly balanced, although Calls are slightly dominant.
For Open Interest:
Calls: 242,743.19 BTC
Puts: 155,982.01 BTC
The OI-based Put/Call Ratio was:
155,982.01 ÷ 242,743.19 ≒ 0.64
In total Open Interest, Calls account for approximately 60.88%, while Puts account for approximately 39.12%, showing a clear dominance on the Call side.
One of the most notable features in the latest data is the $64,500 Call in the nearest expiries.
For the 8/13 expiry, 475 BTC of trading volume was observed on Deribit, while 333.8 BTC was also observed on Bybit. This suggests strong market interest around $64,500, which is just above the current price.
In addition, the $66,000 Call expiring on 8/21 recorded 463.6 BTC of volume.
On the Put side, the $60,000 Put expiring on 9/25 recorded 622.7 BTC, while the $55,000 Put recorded 513.5 BTC. This shows that significant trading activity is also taking place well below the current price in longer-dated expiries.
However, trading volume alone cannot determine whether these trades were new buys, new sells, or position closures.
Therefore, a high level of Call activity should not automatically be interpreted as a bullish forecast, and a high level of Put activity should not automatically be interpreted as a bearish forecast.
Price Structure
The current key pivot level is approximately $63,653.
The current price of $63,800 is only about $147 above this level, meaning the market is currently very close to this important pivot.
On the upside, $64,000 is the most important level to watch first.
The latest data shows a large concentration around $64,000, making it a potential center level that may attract price.
The attached strike-by-strike data also shows large concentrations around the current market:
$63,000: Large
$63,500: Extremely Large
$64,000: Very Large
Because of this, in the short term, rather than expecting price to immediately move strongly in one direction, the first area to watch is the battle around $63,000–$64,000.
If price breaks above $64,000, the main upside targets are:
$64,500 → $65,000 → $67,000
In particular, large upside reactions are visible around $64,500 and $65,000, so these levels may act as areas where price could temporarily stall even if the market moves higher.
On the downside, $63,653 is the first key decision level.
If price clearly breaks below this level, the main downside targets become:
$63,000 → $62,000 → $61,500
Both $63,000 and $62,000 show a combination of price concentration and areas where downside volatility may expand.
In particular, the downside reaction around $62,000 is approximately -12M, the largest in the current data, making it a major downside level to watch.
Additional Notes
BVIV is currently 37.9.
BVIV is an indicator used to assess the magnitude of future BTC price movement implied by the options market.
Compared with the previously provided reading of 37.7, the current reading has increased slightly:
37.9 − 37.7 = +0.2
This means the expected volatility implied by the options market has risen slightly compared with the previous reading.
Another key feature in the current data is the large concentration of price-related activity around $63,000, $63,500, and $64,000, all of which are close to the current price of $63,800.
In the short term, the structure can be summarized as follows:
Upside
$64,000 → $64,500 → $65,000 → $67,000
Downside
$63,653 → $63,000 → $62,000 → $61,500
Short-Term Trade Levels Based on Options Data
【LONG】
Entry
After a breakout above $64,000, followed by confirmation of support
TP (Take Profit)
Around $64,500
SL (Stop Loss)
Below $63,653
※Key Pivot Level
With the current price around $63,800 and still below $64,000, the current data structure suggests that waiting for price to reclaim and break above $64,000 is more consistent than using the previous approach of simply looking for a bounce around $64,000.
【SHORT】
Entry
Below $63,653
※Key Pivot Level
TP (Take Profit)
Around $63,000
SL (Stop Loss)
Recovery above $64,000
If $63,000 is also clearly broken, the next downside candidate is $62,000.
【COUNTER-TREND SHORT FROM UPPER RESISTANCE】
Entry
After confirmation of rejection around $64,500
TP (Take Profit)
Around $64,000
SL (Stop Loss)
Breakout above $65,000
This is one of the biggest changes from the previous setup. Upper Resistance ① has moved down from $65,000 to $64,500, and recent $64,500 Call trading activity is also significant. Therefore, shifting the counter-trend short candidate to $64,500 is more consistent with the current data structure.
※As of 8/12, 17:30 JST
※This analysis is based on the Deribit, Bybit, Laevitas, and other images and numerical data provided by the user.
※The labels “Large,” “Extremely Large,” and “Very Large” for the strike-by-strike data reflect the classifications specified in the third provided image.
※Options trading volume and price structure are reference indicators for assessing market positioning and hedging demand and do not guarantee future price direction.
１
