http://Greeks.Live Community Daily Digest Published: 2025-06-06 Overall Market Sentiment The group is cautiously bearish with traders actively taking profits on put positions as BTC drops to 102-103K levels. Most traders are watching key support at 100K while some are starting to position for a potential bounce with call options targeting 104K and higher levels. Market Positioning During Volatility - Put Profit Taking • Multiple traders closed put positions in the 100-103K range after securing profits from the recent drop • Strategy focused on selling against previously purchased puts to create free spreads as price declined • Some traders are now reversing stance with small call positions for the weekend, anticipating a potential bounce after the correction • Traders expect continued chop and low volatility in the coming week which would create "**max pain**" for option holders