PANews reported on March 2 that Greeks.Live macro researcher Adam published an English community briefing on the X platform, saying that after Bitcoin plummeted from $85,000 to $96,000 in a short period of time and caused heavy losses to $78,000, group members generally held a bearish attitude. Most traders are watching whether $82,000 on the weekly chart can provide support, and many believe that there is a possibility of a further drop to the $72,000 area.

The recent price action has been described as "crazy" and "violent" with traders losing large portions of their portfolios, with some even experiencing losses of 70%. Many traders are considering rolling positions and selling some call options in an effort to recover, while maintaining a slight positive delta exposure for a possible upside move. The general consensus is that consolidation and base building in the coming week will be positive signs, with some looking for a possible mean reversion to the $86,000-$89,000 range if momentum resumes.