http://Greeks.Live Community Daily Digest Published: 2025-06-05 Overall Market Sentiment The group appears predominantly bearish, with most traders expecting a continued correction in Bitcoin despite the recent upward movement. Traders are watching the 105K-109K resistance level for BTC while mentioning that volatility remains persistently low, creating challenging conditions for options traders. Call Selling Strategy in Low Volatility Environment • Short call positions, especially in the 108-109 range for June 7th expiry, are popular as traders expect BTC to remain under this resistance • The current environment is characterized by "max pain" conditions where BTC price moves up while volatility keeps declining • Traders suggest implementing a short call spread strategy as a potential "flywheel" for permanent rolling portfolio positions, with a view that BTC may reach 150K by Q4 • Most are avoiding longing at current levels despite the temptation, with some expecting a deeper flush before considering long positions