Greeks.live: Bitcoin bearish sentiment is obvious, key resistance is focused on $111,000
Source: Odaily
Time: 2025-09-01 17:26:07
Odaily Planet Daily News According to a statement by Greeks.live macro researcher Adam, the community showed obvious bearish sentiment, and traders expressed concerns about Bitcoin's current valuation and buying interest. The key resistance level is focused on $111,000, and Bitcoin is expected to be difficult to break through this level. Traders are implementing a buy put option strategy, expecting a downward trend in the middle of the week despite the low volatility currently, selling call options at the $111,000 level, firmly believing that “this is the top” and that the price will “never rise.” The volatility level remains unchanged, showing a slightly bearish bias, providing opportunities for strategic layout before expected price changes