Traders Anticipate Temporary Rebound Amid Downward Trend

According to Odaily, Greeks.live has released a community briefing indicating that the prevailing consensus among traders remains bearish. They view the current price movement as a temporary rebound within a larger downward trend. Traders identify $90,000 as a critical resistance level at this stage and anticipate selling pressure following Strategy's announcement to increase Bitcoin holdings. Most traders believe this phase is merely a temporary rebound in an ongoing downward trend, expecting further price fluctuations. Due to a lack of confidence in the sustainability of the upward movement, some members are selling call options at $90,000 and $91,000.