Flowchart · BTC · Deribit + HL

Options flowchart

Live spot price with options-derived levels overlaid: call wall (resistance), put wall (support), gamma flip (regime divider), max pain (option-seller pin). The classic dealer-positioning chart.

BTC Spot

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Call wall

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max +GEX strike

Put wall

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max −GEX strike

Gamma flip

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regime boundary

Max pain

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aggregate

BTC price + dealer levels

Pink line = call wall (resistance). Teal = put wall (support). Yellow = gamma flip (regime divider). Honey = max pain.

ATM IV term structure

No ATM IV data.

Sources: HL candleSnapshot for price; Deribit chain for levels. Call/put walls = max +/− dealer GEX strikes. Gamma flip = cumulative-GEX zero crossing (positive regime above → vol damped; negative regime below → vol amplified). Max pain = aggregate ITM-value-minimising strike.