Analyst: The market tends to view $85,000 as a BTC pullback buying point, with some funds betting that $90,000 will be short-term support.

ChainCatcher news, crypto analyst Murphy stated on social media, "A summary of traders' (institutions') views and forecasts on the current market: 1. On one hand, funds are using in-the-money Calls at 85,000 to leverage long positions, while on the other hand, they are selling Puts to collect premiums. This means they are expressing with real money that even if there is a correction, they are more inclined to treat 85,000 as a buy-the-dip point rather than the start of a new deep decline. 2. A large number of Puts are being sold at 90,000, indicating that funds are betting this is a short-term support level. 3. The simultaneous surge in buying both Calls and Puts near the current price suggests that funds are preparing for the next major volatility."