Bitcoin must break through resistances around US$ 80,000 – US$ 81,200, driven by a strong short squeeze and buy-side flow in the spot market and after Kevin Warsh's remarks, which gave no certainty—quite the opposite. The market will have to have some personality.

Impulse Zones (Flow and Liquidations)

Potential High Range (Extended Squeeze): With the gap from leveraged short positions, the buy-side flow has liquidity to seek the US$ 83,500 to US$ 85,000 range.

Offer Funnel / Supply Barrier: The large liquidity wall and sell orders (supply wall) sit between US$ 85,000 and US$ 86,000. Breaking through that range will require continued strong ETF flow and the entry of institutional spot volume.

Immediate Supports (Longs Liquidity Pools): In case of taking profits, the liquidation ranges for long positions are grouped around US$ 78,500 and, further down, in the US$ 77,000 – US$ 75,000 region.

Options Expiration (August 28) Max Pain Point: The "Max Pain" price (where the highest number of contracts expire worthless) for tomorrow’s expiration is mapped to the US$ 69,000 to US$ 71,000 region. Price Behavior vs. Max Pain: Since spot is trading well above Max Pain (~US$ 80,000), the "attraction" effect usually acts like a bearish gravitational pull to cap gains at expiration, or force market makers’ delta hedging. Interesting Strikes and Structures: For Hedge or Bet on a Correction (Puts):

US$ 78,000 Put or US$ 77,000 Put: Provide quick protection if profits are taken at the daily/weekly close in the direction of the support.

To Capture Squeeze Extension (Calls Out-of-the-Money):

Call US$ 82,000 to US$ 83,000: Strikes with reduced premium due to the low value of time (high theta decay), but with asymmetric leverage if the move breaks through the US$ 81,200 barrier before expiration.

Volatility Strategies (Selling Volatility):

Selling Covered Calls above US$ 85,000 can be an alternative to capture the settlement premium of the contracts if the price stalls at the order book wall before expiration.