Greeks.Live: BTC maintains cautious optimism, Options trading heat rises

According to Mars Finance, the latest community report from Greeks.Live shows that market sentiment for BTC is cautiously optimistic, with traders closely monitoring the critical resistance levels of 117 and 119 dollars. Although the short-term Skew is strongly left-biased and short positions are being added, a short squeeze above 117 dollars may drive the price further up. Notably, the options market is active, with traders showcasing complex combination strategies with 130 legs, and the daily trading volume reaching 4 million dollars, with an average slippage of only 0.1 bp. Meanwhile, ETH is performing weakly relative to BTC, prompting some traders to adjust their holdings through options strategies.

BTC-1.09%
ETH-0.01%
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