PANews
PANews|Nov 20, 2025 08:01
[Greeks.Live: BTC $90,000 and ETH $2,800-$2,900 as Key Support Levels] According to the daily briefing from the Greeks.Live English community, the overall market sentiment leans bearish, with the community divided on whether a bottom has formed. Traders are closely watching BTC at $90,000 and ETH at $2,800-$2,900 as critical support levels. Some believe the current prices have already bottomed out, while others predict BTC could further drop to just above $80,000 and ETH to $2,400. Additionally, in a high-volatility environment, traders are adopting aggressive naked options selling strategies, focusing on selling ETH $2,700P and $3,150C contracts expiring this weekend to capture premium income. However, this strategy carries unlimited downside risk due to the lack of hedging, particularly if ETH falls below $3,000, which could trigger a cascading drop to $2,400. Traders must carefully manage their positions to avoid potential losses.
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