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Greeks.live: $90,000 is the current key resistance level for BTC, and market sentiment remains generally bearish

2025-03-24 12:30

Odaily News Greeks.live published a community newsletter, stating that the consensus among traders is still bearish, and that the current price trend is a temporary rebound in a larger downward trend. Traders see $90,000 as a key resistance level at this stage, and believe that there will be a sell-off after Strategy announced its increase in Bitcoin holdings. Most traders believe that this is just a temporary rebound in the ongoing downward trend, and expect more price fluctuations. Due to a lack of confidence in the sustainability of the rise, some members are selling $90,000 and $91,000 call options.