BlockBeats News, June 24th — Analyst Murphy stated that Bitcoin has strong support near $60,000 around the expiry of options on June 26th (this Friday), making it less likely to break below easily. On the corresponding Gamma chart, the 59,000 to 62,000 range shows significant positive Gamma, and market makers' hedging behavior will suppress volatility, keeping the price easily anchored in that area. At the same time, there is a high Put option open interest of up to 4,620 BTC at the $60,000 strike price, forming a strong Put wall. When the price approaches this level, a significant buying pressure will provide solid support.

In the past, similar option structures have corresponded to intermediate bottoms or the end of pullback phases. Analyst Murphy believes that currently $60,000 remains a strong support level in the short term, and he is cautiously optimistic about the short-term market performance.