Gamma squeeze to the downside incoming.
Options dealers are getting forced to sell the underlying as put positions pile up. This creates a feedback loop—price drops → more puts ITM → dealers dump more → price drops harder.
If you're holding spot with no hedge, you're about to feel pain. Watch the $40K level on $BTC—break that and we cascade into the $38K zone fast.
Protect yourself or get rekt.
Options dealers are getting forced to sell the underlying as put positions pile up. This creates a feedback loop—price drops → more puts ITM → dealers dump more → price drops harder.
If you're holding spot with no hedge, you're about to feel pain. Watch the $40K level on $BTC—break that and we cascade into the $38K zone fast.
Protect yourself or get rekt.