Coin World News reports that on July 9, according to the latest briefing from the Greeks.Live Chinese community, Bitcoin continues to fluctuate in the range of 105k-110k, with a divergence in market direction. 107k is regarded as a key support level, and a drop below it may trigger pessimistic sentiment. Meanwhile, some traders are optimistic about ETH's strong performance and breakout opportunities. It is noteworthy that implied volatility (IV) is at historically low levels, raising concerns among traders. In this market environment, professionals recommend three major options strategies: the sell put spread strategy has become the preferred choice due to its anti-fragile characteristics; the bull spread strategy suggests rolling up when it rises to parity to maintain consistency; and the butterfly strategy is suitable for deployment when the volatility smile curve is flat. The market generally expects more trading opportunities to arise through false breakouts at new highs.