Viewpoint: After the options expiration on March 20, significant funds are optimistic about BTC surging to $75,000.

BlockBeats News, March 16th, according to crypto analyst Murphy, looking at the March 20th expiry Gamma Exposure (GEX), there is approximately $180 million worth of Gamma exposure near $74,000, and it is a Long Gamma structure. In this environment, market makers' hedging behavior usually suppresses volatility, making the price more likely to oscillate around the strike price, thus objectively creating resistance near $74,000. However, after March 20th, until the next major expiry on March 27th, a significant change has occurred in the options structure. Call OI is significantly higher than Put, indicating that a large amount of funds in the market are betting that BTC will rise towards $75,000.

Murphy believes that after the March 20th expiry, BTC's options structure will make $75,000 the new focus, shifting from the previous "suppressed volatility" to "amplified volatility," while encountering resistance as it approaches $80,000 and finding support in the $65,000-67,000 range.