Odaily News Greeks.live released a community briefing indicating that the community seems to hold a primarily bearish view on Bitcoin, with several traders holding short positions on BTC.
Traders are watching for potential reversals, with some believing that ETH is showing strength, while others think the current upward trend is a "fake bull market" pattern that will eventually fade. Additionally, options traders have noted that despite prices being stagnant for several weeks, volatility remains low at around 35.
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Greeks.live: ETH is showing strength, but there may be a "fake bull run" situation.
Odaily News Greeks.live released a community briefing indicating that the community seems to hold a primarily bearish view on Bitcoin, with several traders holding short positions on BTC. Traders are watching for potential reversals, with some believing that ETH is showing strength, while others think the current upward trend is a "fake bull market" pattern that will eventually fade. Additionally, options traders have noted that despite prices being stagnant for several weeks, volatility remains low at around 35.