
Adam@Greeks.live|Mar 18, 2025 13:49
http://Greeks.Live Daily English Community Briefing
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Release date: 2025-03-18
Overall market sentiment
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The group sentiment is mainly bearish, and traders have noticed that the bullish level has been breached and lacks upward momentum. The key price levels of concern include the short-term support level of $83000 and the bearish squeeze target of $85000-86000, while traders have observed no signs of reversal in the current bearish trend.
Fluctuating market conditions - option strategy adjustment
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Traders are more focused on selling call options rather than buying put options as their preferred short strategy in the current environment
Many ratio spreads (91/95) with multiple maturity dates (including March 21, March 28, and April 4) are expected to be worthless
Forward volatility indicates that the market will remain stagnant until April and May, with some expecting volatile price behavior similar to that of March to August 2023
OKX's June basis showed a complete collapse, indicating that despite Saylor's attempts to provide support through coin purchases, market sentiment remains heavy
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