Odaily Planet Daily reported that on the X platform, on-chain analyst Murphy stated that compared to January 12th, Bitcoin’s Long Gamma of $88,000 has shifted to Short Gamma. The $90,000 Long Gamma remains, but GEX has decreased from $1.2 billion to $590 million. GEX reaching $142 million at $92,000 indicates increased volatility. URPD data shows a large accumulation of chips between $87,000 and $92,000, forming the current strongest support zone. If this range is broken, the probability of filling the lower gap increases, with the intermediate level around $72,000 to $74,000.
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