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Greeks.Live: Some traders believe BTC has reached its peak, with the main community disagreement centered around the $112,000 resistance level.
PANews reported on July 19 that Adam, a macro researcher at Greeks.Live, published an English community briefing on the X platform, pointing out that there is significant division within the community. Several traders believe that the Bitcoin market has peaked, while others maintain a strong bullish attitude, expecting prices to continue to rise. The main disagreement focuses on the resistance level of $112,000, with bears holding put options with strike prices of $100,000-$110,000, while bulls are selling more put options and preparing for higher prices. Traders are constructing December call options spreads and ladder structures, with strike prices set at $115,000/$150,000 and $140,000/$170,000/$190,000, expecting significant fluctuations before the end of the year.