Bitfinex analyst: Bitcoin breaks through resistance and weakens, market expectation will hit $100000

律动BlockBeats
律动BlockBeats|Apr 25, 2025 13:25
According to BlockBeats, on April 25th, according to The Block, Bitfinex analysts pointed out that the market is showing a mild optimism based on the expiration of Bitcoin options on Friday. Although price fluctuations may still occur in the short term, traders are increasingly expecting Bitcoin to reach higher price levels in the second quarter of 2025. Bitfinex analysts stated in a briefing, "As the $90000 strike price intensive zone is breached, the resistance based on options has weakened." They added, "Many market participants are currently shifting their focus towards higher strike prices - call options of $95000 and $100000 are accumulating a large number of open interest contracts for contracts expiring at the end of April and May They also expect that the inflow of funds from spot Bitcoin ETFs (which has increased this week) may have a significant impact on Bitcoin's ability to maintain above $90000.
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