Gamma Flip: n/a — one-sided negative gamma board. There's no zero-cross on the curve, which means the entire board is in short gamma territory. Dealers amplify moves in both directions right now, no mean-reversion cushion.
Call Wall: $81,000 — $5.0M of positive GEX. That's the ceiling where dealer hedging creates the most drag on rallies.
Put Wall: $74,000 — $8.3M of negative GEX. The soft floor, but "soft" is doing real work here — in negative gamma the put wall amplifies selling rather than absorbing it. Below $74K, things can move fast.
📊 Spot is sitting at $76,903 — pinned in the middle of no man's land, about 5.3% below the Call Wall and 3.8% above the Put Wall. The board is skewed bearish with a 0.61x CW/PW ratio, meaning there's more negative gamma sitting below than positive gamma above.
⚡ No gamma flip to reclaim means there's no mechanical regime-change level to watch. The market is in amplification mode — dips get amplified, rips get amplified. In this environment, the Call Wall at $81K is resistance and the Put Wall at $74K is a trapdoor, not a trampoline. Watch $74K closely.