http://Greeks.Live Daily Briefing of Chinese Community ===== Release date: July 25, 2025 Overall market sentiment ===== The group maintains a cautious and optimistic attitude towards the mid-term trend of Bitcoin, with most traders considering $114000 as a key support level and looking forward to a rebound after option delivery. Ethereum is generally expected to continue to be under pressure, with traders focusing on bottom fishing opportunities around $3400, and overall sentiment leaning towards defensive operations. hot topic ===== $15.4 billion worth of BTC and ETH options expire today, with a maximum pain point price of $112000. Multiple traders are adopting a doomsday double sell strategy to prepare for delivery Galaxy Digital's significant sell-off of Bitcoin has caused market volatility, with over 2850 BTC (worth $330 million) recharged to CEX in a single day. However, the addition of $2 billion in USDT printing is seen as a potential upward signal Traders generally believe that the wheel strategy and DDH strategy are suitable for the current volatile market, and the convergence of gamma exposure in the large pie indicates that volatility will increase