According to TechFlow TechFlow, on December 12th, crypto analyst Murphy posted on social media, "Traders' (institutional) views and predictions on the current market are summarized as follows:"
1. The funds are simultaneously using an 85,000 real-value call to leverage a long while selling puts to collect premiums. This is equivalent to using real money to show that even if there is a correction, they are more inclined to regard the 85,000 as a pullback buying point rather than the starting point of a new round of deep decline.
2.9w of large-scale selling of puts indicates that funds are betting on this as a short-term support level.
3. A surge in volume during both call and put orders near the current price indicates that funds are preparing for the next major price movement.
