Greeks.live: Some traders believe BTC's next target will be $93,000/$100,000
Odaily reports: Greeks.live macro researcher Adam released an English community briefing, which noted that the community seems cautiously bullish. Some traders believe that if Bitcoin breaks through $90,000, the next target will be $93,000/$100,000. Others remain concerned about market weakness, focusing on potential retests of the $84,000 low or $74,000 level, before significant upward momentum occurs. Traders are buying put options while selling call options to hedge their put options to manage positions, with some traders approaching delta neutrality and seeking exit opportunities as the market fluctuates between key price levels.
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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