Greeks.live: The key price level for Bitcoin that the market is currently focused on is $104,000

ChainCatcher message, Greeks.live macro researcher Adam published a community briefing on the X platform, pointing out that the group maintains a cautiously optimistic attitude, focusing on how to manage positions amid potential volatility. The key price level of interest in the market is $104,000 as a pivot point, with $98,000-$99,000 seen as potential support, and $108,000 as a recent resistance level. Due to the bearish-bullish parity relationship, they have the same dollar-denominated risk-return characteristics. Compared to basis trading, selling covered calls may be more preferable, as the long-term appreciation of Bitcoin may exceed basis returns.