
Adam@Greeks.live|Apr 22, 2025 14:38
http://Greeks.Live Daily English Community Briefing
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Release date: 2025-04-22
Overall market sentiment
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The group seems cautiously bullish, with some traders believing that if Bitcoin breaks through $90000, the next target will be $93000/$100000. Others are still concerned about market weakness, focusing on the possibility of backtesting the low of $84000 or the level of $74000 before there is a significant upward trend.
Option Trading Strategy - Put Option Layout
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Traders buy put options in the market while selling call options to hedge their put options and manage their positions
Group members noticed that despite price fluctuations, the volatility did not increase, making it challenging to hold put option positions
Some traders approach delta neutrality and seek opportunities to exit their positions when the market fluctuates between key price levels
A few members have started repurchasing Bitcoin in the spot market, despite previously holding a bearish stance
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