BTC Maintains Short-Term Strength: Analysts Highlight 94,000 as Key Support Level Amid Cautious Optimism

According to analysis shared by Greek.live analyst Adam on February 13th, market **sentiment** exhibits a trend of cautious **optimism**, with **Bitcoin (BTC)** demonstrating notable short-term resilience. The market is currently eyeing the crucial 94,000 level as a significant support zone, with expectations that a breach of this threshold could catalyze an upward momentum.

In the realm of option **strategies**, discussions have surfaced regarding **implied volatility (IV)** and **realized volatility (RV)**, both of which are currently at low points. Market participants are contemplating the sale of both **call and put options** in tandem with large investors, referred to as whales. Notably, coin-margined options trading presents discrepancies in Delta calculations between near-term and forward contracts, leading experts to suggest a preference for **static hedging** over traditional Dynamic Delta Hedging (DDH) methodologies.

Moreover, when evaluating **Vega-neutral strategies**, it is critical to establish coverage based on Deribit’s unique calculation system rather than relying on generic Vega metrics. It’s essential to note that while **volatility arbitrage** is not entirely risk-free, it remains a viable statistical strategy aimed at capitalizing on the **volatility risk premium**.