http://Greeks.Live Community Daily Digest Published: 2025-08-28 Overall Market Sentiment The group shows mixed sentiment with traders closely watching key levels around BTC 112K resistance and discussing NVDA earnings impact on crypto volatility. Some traders expressed relief that 112P positions were saved while others noted ETH showing weakness, with ongoing debate about whether BTC correlates with traditional markets. NVDA Earnings Impact on BTC Volatility - Premium Selling Prevails • Debate centered around BTC implied volatility being too low ahead of NVDA earnings, with NVDA IV at 100% expecting 7% move • Strong disagreement on correlation, with some arguing BTC won't react much to SPX moves despite historical precedent from Feb 2024 earnings • Premium selling strategy dominated as traders noted "unlimited supply of coins at 112" and warned against long gamma trades, with one trader acknowledging their long gamma position remained a loser despite brief scalping opportunities(Greeks.live)