TechFlow news, July 28 — According to the latest market report from Greeks.Live, Bitcoin trading sentiment remains overwhelmingly bullish, with traders generally expecting prices to reach new highs soon. The market is closely watching $119,000 as a key support level and $121,000 as the mid-week target.
Options market data shows strong performance in call options, with certain contracts achieving 120% returns and multiple strike prices reaching 100% profit. Trading activity is highly concentrated on weekly options expiring midweek at the $121,000 strike. Meanwhile, traders are improving risk management efficiency by sixfold compared to prior strategies, establishing put option short positions in the $110,000–$114,000 range for downside protection.
