BREAKING
84d 11h ago

Bitcoin Bulls Eye $100K Calls as Ethereum Trades in $3K-$5K Range; Traders Debate Hedge With $90K Puts and $85K Support

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News, November 16, reported that Greek.live researcher Adam highlighted rising trader sentiment on social channels, while cautioning downside risk. Market participants discussed aggressive bullish strategies, with a potential support level near $85,000 cited as a reference point. The Bitcoin price outlook remains a focal point, with attention on BTC call options targeting the $100,000 territory and a defined ETH price range of roughly $3,000–$5,000. Debates persist on hedging approaches, including the use of put options around the $90,000 strike to manage drawdowns. Traders emphasize liquidity considerations and risk management in navigating near-term volatility, while the market continues to monitor macro cues and on-chain signals for validation of the upside narrative.

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