Greeks.live: Traders hold a cautious bearish outlook on the Bitcoin range of $95,000 to $102,000

ChainCatcher news, Greeks.live macro researcher Adam released the English community daily briefing showing that Bitcoin market traders hold a cautiously bearish attitude towards the range-bound market between $95,000 and $102,000, focusing on the support level at $96,200 and the resistance level at $102,600.

In terms of options trading strategies, traders tend to adopt iron condor and covered call strategies with tail protection, while also paying attention to the dynamic roll of put options. Some traders are positioning for call spreads with expiration in April and strike prices between $120,000 and $140,000, expecting that a strong spot market could yield over 100% returns.