http://Greeks.Live Community Daily Digest #daily ===== Published: 2025-10-20 Overall Market Sentiment ===== The group is predominantly bearish with active debate between bulls and bears, viewing recent price action as a bull trap despite some temporary pumps. Key resistance levels being watched are 110k and 112k, with traders anticipating downside moves and discussing the impact of upcoming FOMC on October 29 and potential Trump tariff announcements on November 1. Heavy Call Selling - Fading the Rally ===== • Traders aggressively selling calls and increasing short exposure despite market pumps, with one trader reaching IM 100+ from call selling positions • Strong conviction that price won't break 112k resistance with 100% confidence, expecting continued choppy sideways action (chopistan) rather than meaningful upside • Attribution of temporary pumps to Saylor buying and institutional TWAP purchases, but viewing these as short-lived with expectations of a return to contagion after brief wicks to 110k(Greeks.live)