PANews reported on March 28 that Greeks.live analyst Adam said that group members were generally cautious to bearish. Traders focused on selling put options at $81,000 as a potential bottom. Bitcoin currently has a negative funding rate, while the volatility indicator DVOL has soared, reflecting increased market uncertainty. Many traders have deployed $81,000 put options on different expiration dates (that day, April 11, and April 18). The market consensus is that the current price trend is highly volatile.
Greeks.live: Market sentiment is cautious, traders focus on $81,000 put options as a potential bottom
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