📊 Today's Market Focus (May 2)

Current Bitcoin price is $96,800, short-term entering the 'Key Triangle Zone'❗️

Support Level: $95,000 (4-hour EMA30 Dynamic Support)

Resistance Level: $98,000 (Previous High Resistance + Psychological Barrier)

Extreme Retracement Levels: $93,000 (Strong Support on Weekly Chart), $88,000 (Miner Cost Zone)

Technical Signals: MACD Golden Cross but red bars are shrinking; RSI (65) is not overbought; if it holds above $95,000, it may challenge $100,000; beware of significant pullback if it drops below $93,000.

🛡️ Balanced Options Strategy

Strategy 1: Ambush for Bullish at Support Levels ($93,000/$88,000)

Applicable Scenario: BTC rebounds after pulling back to support levels

Action Plan:

✅ Buy $93,000 call option (strike price $100,000): Premium about 4%-6%; if it rebounds to $98,000, can profit 3-5 times;

✅ Sell $88,000 put option: Collect premium (annualized return of about 30%); if it does not drop below, it's free profit; if it drops, buy the dip in spot.

Advantages: Low-cost bets on rebounds; can earn premium even when prices fall!

Strategy 2: Chase Breakout at Resistance Level ($98,000)

Applicable Scenario: BTC breaks through $98,000 resistance with volume

Action Plan:

✅ Bull Market Spread Strategy: Buy $98,000 call + sell $105,000 call, reduce premium cost by 50%, locking in $7,000 profit;

✅ Spot + Options Hedging: Hold 70% spot, buy $100,000 call options with 30% of funds; dual profit from spot and options after breakout.

Strategy 3: Black Swan Protection Net (Prevent drop below $88,000)

Applicable Scenario: Risk control in extreme market conditions

Action Plan:

✅ Straddle Combination: Simultaneously buy $95,000 call and put options, cost about 10%; if volatility exceeds ±15%, can gain 2-3 times;

✅ Protective Put: Spot holdings paired with $88,000 put options, premium occupies 3% of principal; can hedge 50% loss if support is breached.

💡 Beginner's Practical Tips

Build Position Gradually: Buy 20% at current price, increase by 30% at $93,000, and 50% at $88,000, averaging down to below $90,000;

Stop Loss Discipline: Reduce position by 50% if it falls below $93,000, liquidate below $90,000; take partial profits if over 10% gain.

Reject High Leverage: Keep options premium within 5% of total funds to avoid contract liquidation risk.

🚨 Blood and Tears Pitfall Guide

Beware of Altcoin Chaos: SOL, ETH, and other correlated coins have larger fluctuations; beginners should prioritize BTC.

Be Cautious with FOMO: Heavy selling pressure concentrated at $98,000 resistance; do not heavily bet before breakout.

Time Value Trap: Choose expiration date for options at the end of June to avoid rapid decay of near-month contracts.

🌈 Mindset Quote

"Markets are born from despair, rise on hesitation, and collapse in frenzy."

Use options to turn passivity into proactivity; position for both rises and falls; remember: don't be greedy, don't hold onto positions, and don't go all in!

⚠️ Disclaimer: This article is for reference only, invest with caution.

#Bitcoin Market #Options Strategy #Bull Market Operations #Cryptocurrency

Interactive Topic: Do you think BTC will first pull back to $93,000 or directly surge to $100,000? Let's discuss your views in the comments～