http://Greeks.Live Daily English Community Briefing ===== Release date: June 12, 2025 Overall market sentiment ===== The group generally holds a bearish view and firmly believes that Bitcoin will begin to decline from its current level of around $110500. The bears are confident in the weak performance of Bitcoin after three failed attempts to break through $110500, while the bulls continue to hold their ground, shouting a target price of $145000, and the market outlook is clearly divided. Put option buying trend - targeting significant pullback ===== Short sellers actively bought a $102000 put option that expires at the end of this month, believing that the current 40% volatility is very cheap and has an excellent risk return ratio Strongly convinced that the price will fall to the level of $105000 tomorrow, some traders refer to this as the "absolute top" and the final target price is $90000 Technical analysis shows that three attempts to break through $110500 have all failed, indicating signs of weakness. Short sellers use collar trading strategies and put option spreads as hedging strategies, rather than directly shorting