What happened
Written from the data, not opinion.
Options positioning puts the call wall at 90,000 and the put wall at 80,000. Dealers are estimated to be long gamma, where dealer hedging tends to dampen moves.
The ask wall at 81,730 held at 02:03 UTC: about 50 BTC traded into it and price turned 118 USD away.
At 11:54 UTC a 416 BTC bid wall at 81,960 was pulled before price reached it.
At 19:40 UTC a 643 BTC bid wall at 80,850 was eaten by market orders.


