http://Greeks.Live Community Daily Digest Published: 2025-04-21 Overall Market Sentiment The group is cautiously bullish short-term but expects a choppy market with resistance at 87-88k and support at 85.3k. There's general consensus that BTC may see another push higher before potentially topping out in May, with many traders positioning for both upside and downside scenarios. OI Accumulation and Squeeze Dynamics • Open interest is accumulating significantly while price movement has been limited, suggesting potential for a volatile move soon • Many traders are buying protective puts (84-85P) while maintaining bullish positions, indicating caution despite the recent pump • Market shows signs of a short squeeze with Coinbase premium spiking to 20 and rumors of Saylor buying driving the price action • Group consensus points to choppy conditions before another push higher, with 90k targeted as a possible resistance level before a potential collapse in May • Vol remains very low (around 40%) despite increasing OI, creating opportunities for long gamma strategies while most are focused on rolling positions