#bitcoin ’s feeling heavy pressure right now. Options market shows big warning signs, with premiums for 55k and 45k puts up over 300%. Spot price dipped under $66k, and big players like Standard Chartered cut their year-end forecasts.

Even 85k puts for February 20 are spiking, meaning bulls are hedging hard. On-chain data looks weak, so I’m watching the $58k support level closely — could be a key test or a deeper drop. Keeping an eye on $USDC too.