http://Greeks.Live Chinese Community Daily Brief ===== Release Date: 2025-08-22 Overall Market Sentiment ===== The community's overall sentiment leans bearish. Most traders believe Bitcoin will break below the critical $112 support level and may further test $108. The group is widely focused on $112 as an important support, but opinions are divided on whether it can hold. Some traders have already started setting up bearish options strategies. Hot Topics ===== • The $112 support level is at risk of breaking. Several traders predict a potential downward breakout after Powell's speech tonight, with $108 seen as the next key support. • MicroStrategy's buying pace has noticeably slowed, halting purchases after mNAV reached $1.55. BlackRock's ETF has also seen net outflows, signaling weakened institutional support. • Strategy discussions are centered around selling puts and double-buy strategies. Some traders suggest selling $100K puts after a break below $110K, leveraging the characteristics of a choppy downtrend for options trading.