http://Greeks.Live Daily English Community Briefing ===== Release date: May 28, 2025 Overall market sentiment ===== The group generally holds a bearish attitude, and most traders expect a significant decline, especially before the upcoming Bitcoin conference (May 27-29). There is a clear divergence between bearish expectations of an imminent plunge and a bullish prediction that SPX will reach $6650 by the end of July, while Bitcoin may reach $120000 before rebounding to $102000. Bitcoin callback strategy - layout put options ===== Despite the continued upward trend in price momentum, most active traders still hold large amounts of put option spread positions Traders plan to increase put option positions before the Bitcoin conference, as they anticipate volatility will be repriced due to this event A trader specifically targeted next week's 106 put option as a "2 sigma event" strategy The group consensus believes that if buying pressure "pauses for a minute", Bitcoin will "plummet like a stone" The algorithmic trading report shows' slightly bearish ', indicating that algorithmic traders may also be preparing for a downturn