Greeks.Live: Most traders are focusing on whether $82,000 can hold as support on the Bitcoin weekly chart

ChainCatcher news, Greeks.Live macro researcher Adam posted an English community briefing on the X platform, stating that after Bitcoin plummeted from $85,000 to $78,000 in a short period, causing significant losses, group members generally hold a bearish outlook.

Most traders are focusing on whether $82,000 can hold as support on the weekly chart, with many believing there is a possibility of further decline to the $72,000 area. The recent price action has been described as "crazy" and "violent," with traders losing a significant portion of their portfolios, and some even experiencing losses of 70%.

Many traders are considering rolling over positions and selling some call options to seek recovery while maintaining a slightly positive delta exposure to cope with potential upward movements. The general consensus is that consolidation and base-building in the coming week will be a positive signal, and if momentum recovers, some anticipate a possible mean reversion back to the $86,000-$89,000 range.