📊 #Coinbase Institutional released its latest report, introducing the options market's "Gamma Exposure (GEX)" metric to analyze liquidity and price volatility. The report notes that #BTC has a pronounced negative gamma concentrated in the $60,000 to $70,000 region, while the $85,000 to $90,000 region shows meaningful positive gamma. This implies that the downside #trend toward $60,000 could accelerate, whereas the upside #trend toward $90,000 may present a slow "grind and pin" state. #crypto