Study: Most Traders Watch $130,000 as Bitcoin's Next Important Resistance Level

Greeks.live macro researcher Adam released a Chinese community briefing, which pointed out: The group is generally bullish on the market. Bitcoin broke through 120,000 US dollars and continued to rise to 123,000 US dollars. Traders believe that if it rises again this week, it will be a signal for the collective capitulation of bears. Most traders are concerned about the 130,000 US dollar as the next important resistance level, but there are differences in chasing after this position, and some believe that the risk is too high to chase. The option synthesis and delivery mechanism has triggered in-depth discussions, focusing on explaining how to achieve real delivery through perpetual contracts after selling call options are actually valued, as well as the risk difference from settlement and delivery. Futures arbitrage strategy has become a hot spot, the current delivery contract has 8% liters, by buying the spot and shorting the delivery contract can obtain risk-free annualized income, the market appears high leverage push phenomenon, Ethereum rose 1% when the contract holdings increased 1 billion dollars, leverage level exceeded the 2021 bull market peak.
The English Community Bulletin states: Groups are bullish on ETH, with traders experiencing mixed results on options positions - put options are down 50%, while call options are performing well. It is worth noting that despite the upside momentum, market participants remain skeptical and people continue to open new short positions.