Bitcoin Held The $75K Test, But Options Confirmation Is Still Narrow
Bitcoin recently tested the $75,000 mark, reaching a low of $75,182 before rebounding towards $77,000. Despite this movement, the options market has not shown strong confirmation for a bullish trend. Ethereum is also experiencing a fragile rebound in its price.
- ▪Bitcoin tested the $75,182 level on May 23 before moving back towards $77,000.
- ▪The strongest session for Bitcoin occurred on May 21, with significant options volume.
- ▪The current options market lacks strong confirmation for a bullish reset.
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