Greeks.live released a community briefing saying that the crypto market is cautiously bullish at the moment, and traders still doubt whether this rally can be sustained. The key levels to watch are the short-term target of $85,000 and the long-term resistance level of $100,000.
Traders are divided on the sustainability of the market rally, with bulls seeing $100,000 in the second quarter, while bears seeing it as just an exit rush that will eventually subside like previous policy capriciousness. In addition, the put slant is gradually receding as bullish sentiment returns, although many traders are taking defensive positions by selling calls or adding position protection due to ongoing policy uncertainty.
Greeks.live: Traders focus on Bitcoin 85,000 short-term target with long-term resistance at $100,000
2025-04-10 14:32:07
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