Adam@Greeks.live|Nov 20, 2025 08:00
http://Greeks.Live English Community Daily Briefing
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Release date: November 20, 2025
Overall market sentiment
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The community is showing a bearish sentiment, with divergent views on the bottom formation. Traders are closely monitoring ETH 2800-2900 and BTC 90k as key support levels. The core disagreement lies in whether the current level represents the bottom of the generation, or whether it will further decline to just over 80k BTC and 2400 ETH. Professor Satoshi believes that the bottom has been reached, while others expect more pain.
Radical volatility selling strategy - high-risk naked selling positions
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Despite ETH's volatility reaching 70-80%, many traders are still aggressively selling naked options, focusing on selling 2700P and 3150C weekend contracts to capture the rising premium brought by high volatility
This strategy involves bare selling risk without hedging, and traders acknowledge taking unlimited downside risk for small premiums ($20-30 per contract), following the concept of 'I take the risk for the money', rather than using spread portfolios
When the short put returned from -70% to breakeven and then fell back to -100%, significant position management challenges emerged, highlighting the danger of a turkey like profit and loss curve - stable profits may be erased by unfavorable trends, especially considering ETH falling below 3000 and possibly cascading down to 2400
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