http://Greeks.Live Community Daily Digest Published: 2025-03-10 Overall Market Sentiment The group is predominantly bearish with some hoping for a short-term relief bounce before continued downside. Most traders are watching the 74-76k level as a potential target to the downside, with some eyeing 87k as resistance, while there's significant discussion about a potential squeeze before the upcoming CPI data. Bitcoin Market Structure and Direction • Traders view the current market as experiencing an aggressive but orderly decline, with expectations of 75k target which aligns with the 365-day VWAP • Some believe violence is coming in either direction, with significant option sellers positioning for resistance at 88k level • MSTR filing to offer 21 billion in preferred stock for Bitcoin acquisition is seen as potentially catalytic, though sentiment remains skeptical • Several traders are rolling down their put positions (from 100k to 90k, 92k to 86k) while managing substantial losses, indicating continued bearish positioning • Market structure shows clean interactions at key levels with single prints/fair value gaps being filled, though illiquidity is causing rapid price movements