PANews reported on January 25 that Greeks.live macro researcher Adam published a community briefing on the X platform, pointing out that the group as a whole remains cautiously optimistic, focusing on how to manage positions in potential volatility. The key price level of market attention is $104,000 as a fulcrum, $98,000-99,000 is seen as a potential support level, and $108,000 is a near-term resistance level. Due to the put-call parity relationship, it has the same risk-return characteristics denominated in US dollars. Compared with basis trading, selling covered calls may be more desirable because the long-term appreciation of Bitcoin may exceed the basis income