Greeks.live: Despite Bitcoin's Recent Rise, Most Traders Expect a Continued Pullback
Greeks.live released a community briefing, noting that despite the recent rise in Bitcoin, most traders expect a pullback and are currently watching the resistance levels between $105,000 and $109,000. It also pointed out that volatility remains low, posing challenges for options traders. Short options positions seem to be popular among traders, especially in the $108,000-$109,000 price range, as traders expect Bitcoin to remain below this resistance level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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