Greeks.live: Traders maintain a cautious bearish outlook on Bitcoin's fluctuation between $95,000 and $102,000

ChainCatcher news, Adam, a macro researcher at Greeks.live, released the daily briefing for the English community showing that Bitcoin market traders are cautiously bearish on fluctuations within the range of 95,000-102,000 US dollars. They focus on support at 96.2 thousand dollars and resistance at 102,600 dollars.

In terms of options trading strategies, traders tend to adopt Iron Condor and Covered Strangle strategies with tail protection while paying attention to dynamic rollovers of put options. Some traders have set up bullish option spreads expiring in April with strike prices between 120,000 - 140,000 dollars expecting spot holdings to maintain strength which could yield over a 100% return.