BREAKING
138d 10h 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

$66,969.90
+1.49%
24h Volume

$5,893,102,060.79

24h H/L

$67,284.00 / $65,766.10

Change: $1,517.90 (2.31%)

Long/Short
71.0%
Long: 71.0%Short: 29.0%
Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$66,885.03

0.72%

Volume (24h): -

Resistance Levels
Resistance 3$74,458.01
Resistance 2$69,708.76
Resistance 1$68,058.24
Price$66,885.03
Support 1$66,155.21
Support 2$64,323.39
Support 3$60,000.00
Pivot (PP):$66,702.02
Trend:Downtrend
RSI (14):42.4

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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