Greeks.Live: BTC at 90,000 USD and ETH at 2,800-2,900 USD become key support levels.

Greeks.Live indicates a bearish market sentiment, with BTC at $90,000 and ETH at $2,800-$2,900 forming key support levels. Traders are aggressively selling ETH options naked to profit, but without hedging, they face unlimited downside risk; a drop below $3,000 for ETH could trigger a cascading decline to $2,400.