BREAKING
126d 18h 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

$68,506.17
-2.79%
24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,506.17

-0.60%

Volume (24h): -

Resistance Levels
Resistance 3$72,364.25
Resistance 2$70,811.58
Resistance 1$68,867.82
Price$68,506.17
Support 1$68,115.84
Support 2$65,637.54
Support 3$62,909.86
Pivot (PP):$68,735.17
Trend:Downtrend
RSI (14):44.9

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.

Share News:
Don't Miss Breaking News