TechFlow reports that Adam, a macro researcher at Greeks.live, released an English community bulletin stating that overall market sentiment remains cautiously bullish, with close attention on the key resistance level of $99,000. While some community members expect prices to rise in March, given the recent hacking incident and the low volatility environment, there is currently a focus on downside risk protection.
Option skew has normalized following recent events, with yesterday's put option volume dropping by 50%. Options at the same strike prices have been notably repriced, increasing 40–80% compared to the previous day. Traders are discussing hedging strategies for March, recommending risk protection while maintaining bullish exposure.
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