Greeks.Live: Traders worry that the $90,000 resistance level may be difficult to break, possibly leading to a bear market correction
According to TechFlow, on December 23, the Greeks.Live Chinese community brief indicated that there is a divergence in market sentiment for bitcoin. Some traders are concerned that the $90,000 resistance level will be difficult to break through, potentially leading to a bear market correction. The market is facing liquidity exhaustion pressure before Christmas, with contract longs being continuously squeezed, intensifying volatility, while volatility has already dropped to historical lows. Experts recommend that options beginners should prioritize using long-dated options and combine them with Smart-Trading tools to reduce costs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zama: OG NFT holders can participate in the token public sale at a price of $0.005, with an FDV of $55 million.
Russia Plans to Remove High Qualification Restrictions for Crypto Investments
About 1 hour ago, 93,793 FLOKS were deposited into a CEX, worth approximately $540,000.
