http://Greeks.Live Daily Community Briefing ===== Release date: January 21, 2025 Overall market sentiment ===== After the disappointing Trump administration order, Bitcoin failed to hold above $104000, leading to divergent opinions among market participants. Traders are closely monitoring the key support level of $98000, while hesitating between reducing exposure or increasing positions. Most people are cautious about aggressive directional bets. Analysis of the Impact of Administrative Order Transactions on Prices ===== The market showed active long positions in anticipation of Trump's executive order, with a large number of transactions occurring at the price of $103000 After no major cryptocurrency related announcements have been made, many traders are now closing their positions and reducing their exposure to put options Although the event has passed, the implied volatility of short-term options remains high, exceeding 70%, resulting in significant time value loss for holders of call option spreads waiting for a rebound