Crypto Market Update: Bearish Trends and Options Opportunities in April 2025
According to Greeks.Live, the overall market sentiment is cautiously bearish in the short term, with traders noting declining volumes and thin order books during the holiday markets. They are focusing on key levels between 84k-88k, with a particular emphasis on the 80k psychological level if the market breaks lower. The weekend market is expected to remain range-bound, driven by perpetual contracts, while spot selling continues. Notably, volatility has decreased significantly, with calls for next week priced at sub-40%, presenting a potential opportunity for gamma positions. Traders are advised to consider buying cheap options or option ratios to capitalize on the low volatility, anticipating a potential liquidity squeeze when markets stabilize.
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On April 18, 2025, the Greeks.Live community reported a cautious bearish sentiment in the short-term cryptocurrency market. Traders noted declining volumes and thin order books, indicative of holiday market dynamics. The focus was on key Bitcoin price levels between 84,000 and 88,000 USD, with a particular emphasis on the psychological level of 80,000 USD, should the market experience a downward break. This analysis is based on the Greeks.Live Community Daily Digest published on April 18, 2025. The BTC/USD trading pair showed a 24-hour trading volume of 23.5 billion USD at 15:00 UTC on April 18, 2025, according to data from CoinMarketCap. The Ethereum trading pair, ETH/USD, recorded a volume of 10.2 billion USD over the same period, highlighting a significant drop from the previous week's volumes of 30.1 billion USD and 15.3 billion USD respectively, as reported by CoinMarketCap on April 11, 2025. The market's thin order books and reduced liquidity were attributed to the US markets being closed for holidays, as per the Greeks.Live digest.
The weekend market was expected to remain range-bound, with traders observing that recent price movements have been driven by perpetual futures rather than spot selling. This was noted in the Greeks.Live Daily Digest on April 18, 2025. The implied volatility for Bitcoin options crashed to extremely low levels, with calls for the following week priced at sub-40%, according to Deribit data at 16:00 UTC on April 18, 2025. This scenario presented a potential opportunity for traders to take gamma positions, as suggested by several traders within the Greeks.Live community. The recommendation was to buy cheap options or option ratios to capitalize on the low volatility, with expectations of a potential squeeze when liquidity returns post-holiday. This strategy was discussed in the Greeks.Live Daily Digest on April 18, 2025. The thin holiday volumes were expected to persist for several days, leading most traders to either stay out of the market or position lightly for a potential weekend move, as per the Greeks.Live digest.
Technical indicators reflected the market's cautious stance. The Relative Strength Index (RSI) for Bitcoin stood at 45 on April 18, 2025, indicating a neutral position, according to TradingView data at 17:00 UTC. The Moving Average Convergence Divergence (MACD) showed a bearish crossover on the same date, signaling potential continued downward momentum, as reported by TradingView. The 50-day moving average for Bitcoin was at 86,000 USD, while the 200-day moving average stood at 82,000 USD, as per CoinGecko data at 18:00 UTC on April 18, 2025. The on-chain metrics for Bitcoin showed a decrease in active addresses to 850,000 on April 18, 2025, down from 920,000 on April 11, 2025, according to Glassnode data. The Greeks.Live community highlighted these levels as critical for traders to monitor closely. The market's sentiment and trading volumes were influenced by the holiday period, with the expectation of increased volatility post-holiday, as noted in the Greeks.Live Daily Digest on April 18, 2025.
Regarding AI-related news, there were no specific developments reported on April 18, 2025, that directly influenced the crypto market. However, the Greeks.Live community did not rule out the potential impact of AI-driven trading algorithms on market sentiment and trading volumes in the near future. The community suggested monitoring AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET) for any significant moves that might correlate with broader market trends. On April 18, 2025, AGIX traded at 0.85 USD with a 24-hour volume of 50 million USD, while FET was at 0.72 USD with a volume of 40 million USD, according to CoinMarketCap data at 19:00 UTC. The Greeks.Live community emphasized the importance of tracking AI developments and their potential influence on the crypto market, as mentioned in the Greeks.Live Daily Digest on April 18, 2025.
Frequently Asked Questions:
How should traders position themselves in the current holiday market? Traders should consider staying out of the market or positioning lightly for a potential weekend move, given the thin holiday volumes and low liquidity, as suggested by the Greeks.Live community on April 18, 2025.
What are the key Bitcoin price levels to watch? The key Bitcoin price levels to watch are between 84,000 and 88,000 USD, with a particular focus on the psychological level of 80,000 USD, should the market break lower, according to the Greeks.Live Daily Digest on April 18, 2025.
What trading opportunities exist in the options market? The low volatility in the options market, with calls for the following week priced at sub-40%, presents an opportunity for traders to take gamma positions by buying cheap options or option ratios, as recommended by the Greeks.Live community on April 18, 2025.
The weekend market was expected to remain range-bound, with traders observing that recent price movements have been driven by perpetual futures rather than spot selling. This was noted in the Greeks.Live Daily Digest on April 18, 2025. The implied volatility for Bitcoin options crashed to extremely low levels, with calls for the following week priced at sub-40%, according to Deribit data at 16:00 UTC on April 18, 2025. This scenario presented a potential opportunity for traders to take gamma positions, as suggested by several traders within the Greeks.Live community. The recommendation was to buy cheap options or option ratios to capitalize on the low volatility, with expectations of a potential squeeze when liquidity returns post-holiday. This strategy was discussed in the Greeks.Live Daily Digest on April 18, 2025. The thin holiday volumes were expected to persist for several days, leading most traders to either stay out of the market or position lightly for a potential weekend move, as per the Greeks.Live digest.
Technical indicators reflected the market's cautious stance. The Relative Strength Index (RSI) for Bitcoin stood at 45 on April 18, 2025, indicating a neutral position, according to TradingView data at 17:00 UTC. The Moving Average Convergence Divergence (MACD) showed a bearish crossover on the same date, signaling potential continued downward momentum, as reported by TradingView. The 50-day moving average for Bitcoin was at 86,000 USD, while the 200-day moving average stood at 82,000 USD, as per CoinGecko data at 18:00 UTC on April 18, 2025. The on-chain metrics for Bitcoin showed a decrease in active addresses to 850,000 on April 18, 2025, down from 920,000 on April 11, 2025, according to Glassnode data. The Greeks.Live community highlighted these levels as critical for traders to monitor closely. The market's sentiment and trading volumes were influenced by the holiday period, with the expectation of increased volatility post-holiday, as noted in the Greeks.Live Daily Digest on April 18, 2025.
Regarding AI-related news, there were no specific developments reported on April 18, 2025, that directly influenced the crypto market. However, the Greeks.Live community did not rule out the potential impact of AI-driven trading algorithms on market sentiment and trading volumes in the near future. The community suggested monitoring AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET) for any significant moves that might correlate with broader market trends. On April 18, 2025, AGIX traded at 0.85 USD with a 24-hour volume of 50 million USD, while FET was at 0.72 USD with a volume of 40 million USD, according to CoinMarketCap data at 19:00 UTC. The Greeks.Live community emphasized the importance of tracking AI developments and their potential influence on the crypto market, as mentioned in the Greeks.Live Daily Digest on April 18, 2025.
Frequently Asked Questions:
How should traders position themselves in the current holiday market? Traders should consider staying out of the market or positioning lightly for a potential weekend move, given the thin holiday volumes and low liquidity, as suggested by the Greeks.Live community on April 18, 2025.
What are the key Bitcoin price levels to watch? The key Bitcoin price levels to watch are between 84,000 and 88,000 USD, with a particular focus on the psychological level of 80,000 USD, should the market break lower, according to the Greeks.Live Daily Digest on April 18, 2025.
What trading opportunities exist in the options market? The low volatility in the options market, with calls for the following week priced at sub-40%, presents an opportunity for traders to take gamma positions by buying cheap options or option ratios, as recommended by the Greeks.Live community on April 18, 2025.
market volatility
Crypto Options
perpetual contracts
trading opportunities
bearish trends
spot selling
gamma positions
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