TechFlow news, March 5 — Adam, macro researcher at Greeks.live, released an English community bulletin indicating that traders within the community generally hold a bearish outlook, expecting further market declines. Traders are watching the 87-89k range as a key resistance zone and view 82k as a near-term bottom, though there is clear disagreement over whether the market has established a sustainable bottom.
The market is experiencing extreme price volatility, with Bitcoin fluctuating 6k in a single day, creating a "two-way induction" price pattern. Multiple traders have chosen selling call options in the 89-90k range as their preferred strategy under current conditions, with some reporting losses as high as -260% on calls sold at lower levels. Bearish skew remains pronounced, indicating that despite brief rallies, market expectations still lean toward further downside.
The bulletin also noted that Trump's tariff announcement and the subsequent policy reversal are intensifying market confusion, prompting many traders to stay on the sidelines due to unpredictable price movements. Some participants believe the market is currently in a phase of liquidity gaming, where swift entry and exit are critical.
