BTC Funding Structure Shift 🚨 Volatility Rising
On-chain data shows a clear change in Bitcoin’s funding structure. The $88K Long Gamma is gone and flipped to Short Gamma, while $90K still holds Long Gamma. However, total GEX dropped sharply from $1.2B to $590M, signaling much weaker support between $88K–$90K.
At the same time, $92K GEX jumped to $1.4B, pointing to higher BTC volatility ahead.
URPD data still shows heavy accumulation between $87K–$92K, keeping this zone as the strongest support for now. But if extreme selling breaks this range, the odds of a downside gap fill rise, with a key midpoint around $72K–$74K.
Market is stable on the surface, but pressure is building underneath.
#BTC #Bitcoin #Crypto #Volatility

BTC
66,217.07
-2.56%

