
Adam@Greeks.live|Jun 06, 2025 08:55
http://Greeks.Live Daily English Community Briefing
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Release date: June 6, 2025
Overall market sentiment
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The group generally holds a cautious bearish attitude, and as Bitcoin falls to the level of $102000 to $103000, traders actively profit from taking put option positions. Most traders are focused on the key support level of $100000, while some traders are beginning to lay out potential rebounds and buying call options with a target price of $104000 or higher.
Market Position during Fluctuations - Take Profit on Put Options
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Multiple traders closed their put option positions within the range of $100000 to $103000, profiting from the recent decline
The focus of the strategy is to sell previously purchased put options during a price drop and create a free spread strategy
Some traders are now switching to holding small call option positions to prepare for the weekend, with expectations of a possible rebound after adjustment
Traders expect continued volatility and low volatility next week, which will cause the greatest pain to option holders
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