TechFlow reported on March 28 that Adam, analyst at Greeks.live, stated in his daily briefing that group members generally hold a cautious to bearish outlook. Traders are watching the $81,000 level, where put options are being sold as a potential bottom.
Market data shows bitcoin currently has a negative funding rate, while the volatility indicator DVOL has spiked, reflecting increased market uncertainty. Multiple traders have positioned put options at the $81,000 strike across various expiration dates (same day, April 11, and April 18), with market consensus viewing the current price action as highly volatile.




