Greeks.live: The market sentiment is cautious, traders are focusing on the $81,000 put options as a potential bottom
Analyst Adam from Greeks.live stated that group members generally hold a cautious to bearish attitude. Traders are focusing on selling put options at the $81,000 position as a potential bottom. Currently, Bitcoin is experiencing negative funding rates, and the volatility indicator DVOL has surged, reflecting an increase in market uncertainty. Several traders have set up $81,000 put options for different expiration dates (today, April 11th, April 18th), and the market consensus believes that the current price trend shows high volatility characteristics.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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