Greeks.live: Most traders focus on $130,000 as Bitcoins next important resistance level
Odaily News Adam, a macro researcher at Greeks.live, released a Chinese community briefing, which pointed out that the group is generally bullish on the market. Bitcoin broke through $120,000 and continued to rise to $123,000. Traders believe that if it rises again this week, it will be a signal of collective capitulation by short sellers. Most traders focus on $130,000 as the next important resistance level, but there are differences in chasing long positions at this position. Some believe that the risk is too high and dare not chase the rise. The option synthetic delivery mechanism has triggered in-depth discussions, focusing on explaining how to achieve real delivery through perpetual contracts after selling call options in the money, and the risk difference with settlement delivery. The spot arbitrage strategy has become a hot topic. The current delivery contract has an 8% premium. By buying spot and shorting the delivery contract at the same time, a risk-free annualized return can be obtained. The market has seen a phenomenon of high leverage push. When Ethereum rises by 1%, the contract position increases by $1 billion, and the leverage level exceeds the peak of the bull market in 2021.
You may also like

What do projects born in the crypto bear market do?

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

The toll station at Hormuz and the RMB that cannot be bought

Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point

Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun

Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations

a16z Crypto: What We See Behind the $2.2 Billion New Fund

Web3 is dead, Web2+3 should rise

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android
To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

BVNK Founder: Three Stages of Stablecoin Development

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.




