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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vancouver City Staff Rejects Bitcoin Treasury Idea Ahead of March 10 Council Vote
Vancouver city staff have recommended that council halt work on a motion exploring a municipal bitcoin reserve, concluding the cryptocurrency is not an allowable investment under the Vancouver Charter.
Vancouver Council to Decide Fate of Bitcoin Reserve Proposal
A March 2, 2026, report from Vanco
Coinpedia23m ago
BTC drops below $67,000, down 1.18% within the day
Gate News Report: On March 7, BTC dropped below $67,000, declining 1.18% within the day.
GateNews1h ago
Ripple Expands Institutional Trading With Coinbase Derivatives BTC, ETH, SOL, and XRP Futures
Ripple added Coinbase BTC, ETH, XRP and SOL futures to Ripple Prime, its platform that cleared more than $3 trillion in 2025.
Trades are processed through Nodal Clear, giving institutions 24/7 access to CFTC-regulated crypto futures in the U.S.
Ripple has added Coinbase Derivatives’
CryptoNewsFlash1h ago
