Latest Update
8/7/2026 8:30:00 AM

GreeksLive: Flags Major Collapse Risk for BTC

GreeksLive: Flags Major Collapse Risk for BTC

GreeksLive warns of major collapse risk after 32,000 BTC options expired at $64,000 strike with 0.26 put-call ratio and $2.06B notional.

Source

Analysis

GreeksLive warned of a major collapse risk in crypto markets, noting that incidents like the ColdCard event often hit during bear markets and could escalate to UST or Luna scale if capital inflows stay absent in Q3.

Options data showed 32,000 BTC contracts expired with a 0.26 put-call ratio and $2.06 billion notional while 177,000 ETH contracts expired at a 0.77 ratio and $340 million notional; BTC has traded sideways near 64K since May after similar consolidation earlier this year. Bitcoin price action at $64863.22 sits inside the Bollinger band with upper resistance at $64994.17 and lower support at $63733.1. The EMA50 at $64091.14 and EMA200 at $63645.41 anchor the bullish trend structure, yet the MACD death cross at 229.0 points to fading momentum even as RSI holds neutral at 61.7, suggesting a healthy retracement toward the 50-EMA before any continuation attempt.


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