Greeks.live: Traders anticipate that the market will continue to fluctuate, and options liquidity indicates a strong bearish outlook

On April 3rd, Adam, an analyst at Greeks.live, posted on social media that after Trump announced a comprehensive tariff of 10% and a car tariff of 25%, the group's overall sentiment was bearish. Although this is lower than market expectations, it is still considered negative news. The key Bitcoin price level that the market is focusing on is $83,000-$87,000 which used to be a support area. Options liquidity remains strongly bearish with traders noticing large amounts of put options being purchased including 700 put options expiring at the end of April for $79k each. Traders expect continued volatility and fluctuations followed by potentially poor closing on Friday with Bitcoin potentially falling below $83k which would erase all bullish trends.