Bitcoin Bulls Eye $100K Calls as Ethereum Trades in $3K-$5K Range; Traders Debate Hedge With $90K Puts and $85K Support
BTC/USDT
$5,893,102,060.79
$67,284.00 / $65,766.10
Change: $1,517.90 (2.31%)
-0.0007%
Shorts pay
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.
