According to Odaily, macro analyst Adam from Greeks.Live has released a community briefing indicating that traders are preparing for further declines and a potential four-year period of market fluctuations. Many are selling call options, particularly those expiring on April 4 with strike prices of $87,000 and $90,000/$94,000. Several traders are also selling put options to capitalize on market volatility, maintaining a slightly positive delta while holding a short-term low volatility outlook. Market participants have discussed the impact of GME deployments, valued at $140 million, and other major Bitcoin holders, including Saylor with 22,000 coins and Tether with 8,000 coins. However, the consensus is that these factors have not significantly influenced the market.

#BTC