ChainCatcher News, Adam, a macro researcher at Greeks.live, released a daily English community briefing showing that BTC market traders hold a cautious bearish attitude towards the oscillating market in the range of $95,000 to $102,000, focusing on following the $96,200 support level and the $102,600 resistance level.
In terms of options trading strategies, traders tend to use the iron condor and covered strangle strategies with tail protection, while following the dynamic rollover of put options. Some traders are laying out bull call option spreads with expiration in April and exercise prices between $120,000 and $140,000, expecting to achieve over 100% return with the anticipation of strong spot market performance.
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Greeks.live: Traders maintain a cautious bearish attitude towards the Bitcoin trading range of $95,000-$102,000.
ChainCatcher News, Adam, a macro researcher at Greeks.live, released a daily English community briefing showing that BTC market traders hold a cautious bearish attitude towards the oscillating market in the range of $95,000 to $102,000, focusing on following the $96,200 support level and the $102,600 resistance level. In terms of options trading strategies, traders tend to use the iron condor and covered strangle strategies with tail protection, while following the dynamic rollover of put options. Some traders are laying out bull call option spreads with expiration in April and exercise prices between $120,000 and $140,000, expecting to achieve over 100% return with the anticipation of strong spot market performance.