http://Greeks.Live Community Daily Digest Published: 2025-03-27 Overall Market Sentiment The group appears cautiously bearish with most traders expecting a retest of lower levels around 84-85k, while others note tight range-bound trading. Key resistance levels being watched are 88.4k where significant passive selling was observed, and potential support at 77k which one trader called the "def bottom". GameStop BTC Treasury Announcement - Mixed Reception • GameStop's announcement about potentially buying 1.3 billion in Bitcoin is viewed with skepticism, described as "a meme investing into a meme as a meme" • Traders suggest this could trigger a "small rally to 90" but falls short compared to catalysts like BlackRock and Trump • Many speculate that failing companies might "pivot to BTC treasury" as a way to distract from poor earnings, with one trader noting "lots of zombies out there" • Market shows tight trading ranges during IBIT open, with options activity focused on 85/83 put spreads for EOW and 89/93 call ratios for April 11