BTC option snapshots suggest strong support around the 102000 strike. This level has become a pivot where large traders are confidently offloading positions, creating the illusion of stability. Meanwhile, retail buyers are getting trapped in the upward momentum. The recent put option surge and call drop indicate a bearish bias in the short term. With this setup, shorting BTC near 102500 with a stop loss just above it is a favorable risk-reward strategy. The target downside for the day is 99910, aligning with technical pressure and option flows. Be cautious and track intraday volatility for any sharp reversal or breakout.
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#NewsTrade #CryptoCPIWatch #TradeStories #StrategyTrade #BTC
