Glassnode analysis shows that the short-term panic over Bitcoin has weakened, with $60000 to $70000 becoming a key game point

Glassnode stated that the implied volatility and skewness of the Bitcoin options market have narrowed, with the short-term implied volatility dropping to about 26%, indicating a weakened demand for downside protection in the market. Negative Gamma is concentrated around $60000, positive Gamma is concentrated around $70000, and $60000 to $70000 becomes the key range for the next round of direction selection.