Bitcoin hits gamma trigger at 75K with $5B negative gamma between 74K-78K, fueling breakout acceleration in bullish flows.

According to Binance Research, both Bitcoin (BTC) and U.S. equity market makers have entered deep negative gamma territory. This situation signals a nonlinear price discovery process, where geopolitical events of a certain magnitude could lead to amplified market reactions. Investors are advised to prioritize risk management under these conditions.

According to Glassnode, approximately $2.1 billion of negative gamma is concentrated near the $75K strike, with $1.8 billion tied to the March expiry. Negative gamma can lead to amplified price movements as dealer hedging activities pull the spot price toward significant strike levels, creating a 'magnet effect' around $75K.

According to @glassnode, Bitcoin options positioning has undergone a notable shift. Their full-history GEX heatmap reveals expanding negative gamma below the current spot price, while positive gamma walls above are thinning. This creates a short-gamma pocket, where dealer hedging activities could intensify price movements.

According to @Andre_Dragosch, there is significant negative gamma exposure in Bitcoin options between $95k and $102k, creating extra amplification to the upside in that zone, source: @Andre_Dragosch. According to @Andre_Dragosch, dealers short gamma will need to buy a lot of spot BTC to hedge, indicating forced spot demand that can accelerate upside near these levels, source: @Andre_Dragosch.

According to @GreeksLive, community sentiment is predominantly bullish with traders anticipating an ATH breakout, a short squeeze, and renewed focus on BTC moving toward 100k while ETH performance improves and the market rebounds after a pullback, source: @GreeksLive, Nov 7, 2025. According to @GreeksLive, BTC volatility (BVIV) is rising sharply, indicating increased market activity and potential for major price swings, source: @GreeksLive, Nov 7, 2025. According to @GreeksLive, options positioning shows a large negative gamma concentration at the 100k strike, implying more explosive spot moves as price approaches or breaches this psychological level, source: @GreeksLive, Nov 7, 2025. According to @GreeksLive, traders interpret the volatility uptick as a precursor to upside and are positioning for turbulence around the 100k resistance, source: @GreeksLive, Nov 7, 2025.