Ethereum Faces Potential Selling Pressure Near $1,980 as Dealer Gamma Shifts
Key Highlights: $ETH remains below its $2,090-$2,104 gamma flip zone, where dealer hedging shifts from stabilizing prices to amplifying volatility. A negative gamma peak, put wall and $589 million short-gamma pocket are concentrated between $1,980 and $2,000. The November 16 options expiry has a max pain level of $1,800, placing the options market’s downside center ...