http://Greeks.Live English Community Daily Briefing ===== Release date: November 17, 2025 Overall market sentiment ===== The group is currently showing a clear bearish sentiment, with multiple members attempting to buy at the bottom but repeatedly being trapped, although some traders still hope to rebound to key levels such as 97k or 100k. The key support levels currently being monitored include ETH 3000 and BTC 94k. As the market continues to sell on Sunday, potential downward targets of 93k, 87k, 85k, and 80k are being discussed. Extreme volatility surge - significant fluctuations in option market pricing ===== DVOL soared to 50, ETH volatility hit 100%, traders pointed out that the asset is "not an asset with 30 volatility" and expect significant volatility as volatility captures "hope, despair, and everything" The ETH 3050 straddle option is priced at $100, and the market is pricing ETH with a potential volatility of $500, although some traders refuse to buy at the 100% volatility level and prefer to wait and see or place their bets On Sunday, a $23 million put option purchase was discovered, and traders discussed whether this hedge would fail like previous similar trades, while balancing buying protection with selling put options in a weak position Even during downturns, a positive delta is detected, indicating strong institutional buying (possibly a Saylor type accumulation), while retail investors attempt to buy at the bottom, creating a "flying knife" environment and prolonging the downward trend