Greeks.live macro researcher: The recent decline has not caused worry in the market, and the current market does not support short selling.
According to Odaily, Greeks.live macro researcher Adam posted on X that analysis of the weekend market through Options Terminal revealed that large funds mainly engaged in three types of operations:
Selling near-term gamma and short-term volatility;
Buying mid-to-long-term downside protection, or building defensive structures such as put fly or collar;
Conducting pin and roll operations around the $79,000 to $80,000 range.
He stated that the current market does not support short chasing, the drop has not caused concern in the market, and large players expect short-term fluctuations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Jefferies raises Tesla's target price to $400
Goldman Sachs (GS.US) stock plunges 22% into bear market, financial report becomes the key to a breakthrough
Goldman Sachs' market value evaporated by several billions, with its share price down more than 22% from the year's high. Despite Q3 revenue exceeding expectations, a 41% drop in M&A activity and a slowdown in IPOs have dampened market sentiment. Analysts project a 12% revenue increase in Q4, but technical indicators suggest there is further downside risk to $783. Rumors about management transitions have also drawn attention.
