TechFlow reported on January 27 that Greeks.live analyst Adam noted Bitcoin's price falling below $98,000 had turned market sentiment bearish, with traders expecting further downside toward the $94,000–$96,000 range. Put options at strike prices of $96,000–$98,000 saw明显 increased trading activity, indicating that market participants are actively building defensive positions.
The analysis showed that many traders have already closed or rolled over bullish call spread strategies above $104,000. The broader market attributes this downturn to the sell-off in NVIDIA and U.S. tech stocks. The Greeks.live community consensus suggests waiting for a clear rebound signal near $98,000 before re-establishing long positions.
Add to Favorites
Share to Social Media
