Greeks.live released a community briefing, which states: Despite Bitcoin's recent rally, most traders expect a pullback and are currently watching the resistance level of $105,000 to $109,000, while noting that volatility continues to be low, which poses a challenge for options traders. Short option positions appear to be popular with traders, especially in the price range of the $10.8-10 9,000 range, as traders expect Bitcoin to remain below this resistance level.