Greeks.live: Market sentiment cautiously bullish, Bitcoin faces low volatility environment
律动BlockBeats|Feb 23, 2025 13:53
BlockBeats News: On February 23rd, Greeks.live analyst Adam posted on social media that the overall market sentiment remains cautious and bullish, closely monitoring the key resistance level of $99000. Although some community members expect prices to rise in March, considering recent hacking incidents and low volatility environments, they are currently focusing on how to protect against downside risks.
The option skewness has normalized after recent events, with a 50% decrease in put option trading volume yesterday and a significant repricing of options at the same price, with prices rising by 40-80% compared to the previous day. Traders are discussing hedging strategies for March and suggest risk protection while maintaining long exposure.
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