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Greeks.live: Despite the recent pump of Bitcoin, most traders expect a continued pullback.
Golden Finance reported that Greeks.live released a community briefing in which it noted that despite Bitcoin's recent rally, most traders expect a pullback and are currently eyeing the $105,000 to $109,000 resistance level, while noting that volatility remains low, which poses a challenge for options traders. Short options positions appear to be popular with traders, especially in the $10.8-$109,000 range, as traders expect Bitcoin to stay below this resistance level.