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Falling below $57,500 in June is the highest probability scenario for the market.
The probability of betting on Bitcoin breaking below $57,500 is 33%, with odds of 2.95x; on June 25, the blue curve surged significantly, with funds concentrated on betting on a mild pullback. The popularity of this short position is significantly higher than the two options of deep drop and surge, indicating the strongest short-term pullback expectation.