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FalconX global co-head of markets Josh Lim explains what's keeping Bitcoin range-bound near $75-76K: miner selling to fund high-performance compute transitions, breakeven retail holders looking for an exit, and an options market oversupplied with calls.
He also covers why the negative funding rates and low vol environment are less bearish than they appear when spot is cash-funded, not levered.
This clip is from a longer interview covering Bitcoin macro, altcoin rotation, Hyperliquid, and quantum risk. Full episode here: https://youtube.com/live/rDN5IHVhjfg
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