Analyst: Bitcoin Falls Below $60,000, But Institutions and Large Holders Are Not Continuing to Bet on Decline

According to Odaily, Greeks.live macro researcher Adam posted on X: "Tomorrow is the quarterly settlement. Bitcoin has fallen below $60,000, and from the Gex chart it is clear that $60,000 is the largest position, but at the same time, there is also significant accumulation at $58,000 and $59,000. The market's risk is building up; institutions and large holders have not continued to bet on a further decline, but are merely waiting for settlement."