Bitfinex Alpha | BTC Rangebound But Market Is Fragile
Bitcoin’s range-bound movement suggests stability, but beneath the surface, key derivatives metrics point to weakening structure under $68k which is a negative gamma zone.
In an environment with traders consistently expecting higher volatility, positioning is now more reactive and liquidity conditions tight, the next move may be sharper than our current consolidation range may imply. Core macro data releases in the next week to add to the volatility formula
