According to Greeks.live, a discussion is underway about selling $70k put options to an entity named Zoran. This suggests potential bearish sentiment or hedging strategies in the market, as put options give the holder the right to sell an asset at a specified price, which in this case is $70k. Traders should monitor the options market for increased activity or changes in implied volatility that could indicate market sentiment shifts.

According to @intotheblock, over 7 million Bitcoin addresses that bought between the current price and the all-time high are now at a loss. Despite multiple failed attempts to break through the $70k barrier, sentiment remains positive as BTC climbs back above $60K.