Greeks.live: The market generally expects significant volatility tonight, and most traders are choosing to stay up late to monitor the market.

According to a briefing posted on the Chinese community by Adam, a macro researcher at Greeks.live, "The community is clearly divided on market direction: bulls believe that a bottom has formed around $88,500 and expect a rebound to the $92,000-$97,000 range; bears, on the other hand, emphasize moving average resistance and liquidity issues, believing that the rise is just a rebound opportunity and should be used to short at higher levels. The key point of contention is whether last night's low of $88,500 is the true bottom, and whether $90,200 and $92,000 can become effective support levels. The market generally expects significant volatility tonight, and most traders are choosing to stay up late to monitor the market."