Adam@Greeks.live
Adam@Greeks.live|3月 07, 2025 12:22
http://Greeks.Live Daily English Community Briefing ===== Release date: March 7, 2025 Overall market sentiment ===== Group members generally hold a bearish attitude towards the recent market trend, with traders focusing on the $88000-$80000 range as a key volatile area. It is widely believed that the market uncertainty and economic concerns brought about by Trump's tariff policies may drive Bitcoin further down, with several traders mentioning potential target prices in the range of $72000-75000. Trump Cryptocurrency Announcement - Market Reaction is Flat ===== The market believes that recent cryptocurrency related announcements have been disappointing and lack substantive content, leading to a significant drop in prices during non trading hours Traders have adapted by extending their positions to further dates and adjusting their strategies, with many shorting call options at the $92000-95000 level The volatility indicator shows extreme readings, with an average volatility of 105%. Recently, the volatility has risen sharply, creating opportunities for option sellers The group sentiment indicates that the market is entering a volatile downward trend similar to that of 2021, and prices may digest any rebound and gradually decline
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