http://Greeks.Live Community Daily Digest Published: 2025-04-22 Overall Market Sentiment The group appears to be cautiously bullish with some traders believing BTC could move higher if it clears 90k, with 93k/100k as next targets. Others remain concerned about weakness, focusing on potential retests of low 84k or 74k levels before any significant upward movement. Options Trading Strategy - Put Positioning • Some traders who bought calls started to take profit on this move up to 88k • Traders are buying puts in the market while selling calls against their puts to manage positions • Group members note that volatility isn't increasing despite price movements, making long put positions challenging • Some traders are close to delta neutral and watching for opportunities to exit positions as the market bounces between key levels • A few members have started buying back BTC on spot despite previously bearish positioning