Analysis: Bitcoin breaks through four-week highs, and the key price range may intensify market volatility

ME News Report, April 14 (UTC+8), Bitcoin price breaks through four-week highs, rising above $74,000. According to analysis, $75,000 is a key “volatility release point,” and influenced by the negative gamma effect in the derivatives market, price fluctuations may expand. This price range coincides with the 100-day moving average of Bitcoin, which was considered a major resistance level in January of this year. If the price breaks above $75,000, the upward trend could accelerate; conversely, a pullback may intensify downward pressure. The range from $80,000 to $80,600 above is a positive gamma zone, where market volatility may be lower, and the trend could tend toward range-bound oscillation. Currently, the 200-day moving average stands at $87,519, serving as a long-term price reference. (Source: MLion)