Daily Briefing of English Community
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Release Date: 2025-07-19
Overall market sentiment
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There is a significant divergence within the community, with multiple traders believing the market has peaked, while others maintain a strong bullish stance, expecting prices to continue rising. The main disagreement centers around the resistance level of $112,000, where bears hold put options with strike prices between $100,000 and $110,000, while bulls are selling more put options and preparing for higher prices.
Long-term Options Ladder Strategy - December Strategic Layout
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• Traders are b

Daily Briefing of the Chinese Community
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Release Date: 2025-07-17
Overall market sentiment
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Hot Topics
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• ETH continues to show strength after breaking the key resistance level of 3400 USD, with most traders raising their targets to 4000 USD, believing that the market has not accelerated in the context of historical highs in contract positions, indicating significant room for growth ahead.
• The RR indicator (Risk Reversal) has sparked discussions as a window for observing market sentiment. Some traders believe that a positive RR reflects bullish sentiment in the market, while

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Daily Briefing of the English Community
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Release date: 2025-07-16
Overall market sentiment
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Options strategy successful - bearish layout profits
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• Multiple traders executed profitable put option selling strategies, with positions declining as expected by 66-70%.
• Selling 114P and buying 119C reflects a successful directional trade this week.
• Shorting perpetual contracts is used to hedge options losses, demonstrating multi-tool risk management capability.
• Strong validation of the top prediction has created confidence for a continued bearish layout.

Daily Briefing of the Chinese Community
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Release Date: 2025-07-15
Overall market sentiment
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Hot topics
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• Technical Innovation Concept: It is suggested to allow users to set the IV range down the pool through the volatility surface parameter, enabling the system to automatically match options trades with different expiration dates, achieving standardized products similar to self-service OTC options.
• Implementation of challenge analysis: Although the technical solution is feasible, funding efficiency and fee income remain key issues. The lack of regulatory-driven demand for cr

Daily Briefing of the English Community
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Release Date: 2025-07-15
Overall market sentiment
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Selling Put Option Strategy - Coordinated Market Control
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• Traders reported a coordinated selling of put options strategy, with strike prices including 116P, 117P, and a 119/114 spread, claiming that their actions directly influenced the market movement.
• Bear put spreads and credit spreads are used for defensive operations within a 2-week time frame, with plans to roll positions in a trending market until a bottom is found.

Daily Briefing of the Chinese Community
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Release Date: 2025-07-11
Overall market sentiment
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Hot topics
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• Expiry Options Buyer Strategy Achieves Great Success: Traders boldly bought expiry CALLs during periods of low IV, with single transaction returns reaching 13-17 times, proving that in highly volatile markets, the explosive power of options buyers far exceeds that of contract trading.
• Dual Selling Strategy Risk Management Discussion: In the face of breakthrough market conditions, sellers need to address the gamma maturity issue through rolling in-the-money options or cont

Daily Briefing of the English Community
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Release Date: 2025-07-10
Overall market sentiment
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The community has differing views on the market direction, with bears suffering significant pain as Bitcoin surged to around $112,000, a historical high. Key resistance levels include the range of $110,000 to $112,000, with some traders expecting a pullback to $108,000, while others maintain a bullish belief after the ETF absorbed the native selling pressure in crypto.
ETF Demand vs Crypto Native Supply - Bulls in Control
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• ETF buying overwhelmed native crypto selling, IBIT showed a +10

Daily Briefing of the English Community
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Release date: 2025-07-08
Overall market sentiment
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Community sentiment is polarized, with some traders showing a bullish but protective attitude, while others are increasingly bearish following Trump's tariff announcement. Key support levels include 105-100 and 107, and traders note that despite geopolitical tensions, the cryptocurrency market is performing relatively strongly.
Trump Tariff Impact - Market Resilience
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• 25% Japanese tariff to be implemented from August 1, initially triggering bearish sentiment, but the market has shown un

Daily Briefing of the Chinese Community
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Release Date: 2025-07-07
Overall market sentiment
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Hot Topics
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• Options strategy adjustment: Some traders choose to remove hedging and switch to pure static protection, adopting the strategy of selling call options to collect rent while waiting for an upward wave.
• ETH Bullish Outlook: Traders recommend holding ETH, believing that the probability of ETH reaching 3600 this month has increased after breaking above MA30.
• Volatility trading: In the current low volatility environment, some choose to short volatility through straddles or c

[July 4 Options Delivery Data]
28,000 BTC Options are set to expire, with a Put Call Ratio of 1.07, the maximum pain point at $106,000, and a notional value of $3 billion.
237,000 ETH Options are set to expire, with a Put Call Ratio of 1.25, a maximum pain point of $2,500, and a nominal value of $600 million.
Today is the first delivery day after the quarterly delivery, and the market is relatively stable. Recent hot topics have been on the tokenization of U.S. stocks, which has undoubtedly diverted attention from the crypto market. Although BTC is once again hitting new highs, market sentimen

Daily Bulletin of the Chinese Community
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Release Date: 2025-07-04
Overall market sentiment
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Hot Topics
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• Butterfly strategy performs outstandingly in the current downtrending IV environment, suitable for market conditions with narrow price fluctuations.
• Bear Difference Strategy is recommended for narrowing the actual delta exposure and addressing the minimum order quantity limitation for selling puts.

Daily Briefing of the English Community
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Release Date: 2025-07-04
Overall market sentiment
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The overall sentiment in the community is bearish, with key resistance levels still holding. The collapse of volatility has created a challenging trading environment. Traders are struggling in the current low volatility environment and expressing difficulties in being bullish on the market.
Volatility collapse and options strategy adjustment
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• Implied volatility has collapsed, and market makers need to inject volatility to increase option premiums and restore profitability.
• Volatility

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Daily Briefing of English Community
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Release Date: 2025-07-03
Overall market sentiment
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Despite being in a bull market structure, the short-term positioning is bearish.
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• Traders are implementing a bear spread and a $100,000 put option position for the end of the month, while maintaining a bullish option in the background, indicating a hedging approach rather than a directional belief.
• Key technical observations show that 90,000 USD has been rejected as a key resistance level, with the maximum downside target seen as 102,000 USD (described as the "absolute maximum value" befo