http://Greeks.Live Community Daily Digest #daily Published: 2025-11-04 Overall Market Sentiment The group is heavily divided with underlying bearish undertones, as multiple traders express concerns about end-of-cycle signals and structural market problems. Key price levels being watched include BTC 105k, 102k, 97k, and ETH 3650, 3400, with traders debating whether to expect further downside or choppy consolidation. Short Vol Strategy Dominance Despite Market Warnings • Despite widespread bearish sentiment and warnings that "cycles over" with "end of cycle events" occurring in recent weeks, traders continue aggressively selling options, particularly ETH 3650P, 3400P, and 3800C strikes • One trader maintains that "downside is overestimated" and keeps adding to short put positions even after repeated losses, while simultaneously selling calls to bet on a choppy consolidation range • The consensus trading behavior reveals a dangerous pattern of "doubling down trying to make it all back" with full exposure to short volatility strategies, despite acknowledgment this typically precedes major market moves(Greeks.live)