http://Greeks.Live English community daily briefing ===== Release date: 2025-11-12 Overall Market Sentiment ===== Community sentiment remains bearish. Despite positive news, traders continue to face losses and failed rebounds. Key BTC price levels include 98k, 102k, and 108k. Traders noted that government-related positive news failed to push the price to 108k, indicating weak upward momentum. Hedging Strategy Timing & Market Patterns ===== • Traders observed a recurring pattern: holding hedges during Asian or U.S. trading sessions leads to sideways or upward market movement, while lacking hedge positions results in persistent sell-offs, highlighting the difficulty of timing protective strategies. • Discussions revolved around dynamic delta-neutral hedging using options and perpetual contracts. Traders explored Bybit’s portfolio margin mode for options combinations on altcoins like XRP and DOGE, with volatility at 200 vol. • The community pointed out that Solana DAT holders, with an average entry price of $230, are sitting on $500M in unrealized losses, suggesting that altcoin season will only begin after a further 50% drop from current levels.