#daily @GreeksLive English Community Daily Brief ===== Published: 2025-10-13 Overall Market Sentiment ===== The community experienced extreme volatility, with a sudden 10% surge in a single day causing confusion among traders holding mixed positions. Most traders are closely watching the $4,000-$4,500 range. There is disagreement on whether this rally will continue or retrace next week, though several believe a pullback will occur before the 17th. Delta Management Crisis - Short Calls Take a Hit ===== • Several traders sold calls to hedge the delta of their put positions, only to be severely impacted by the aggressive rally. Positions with strike prices of $3850 and $4000 are now experiencing deep losses. • Traders emphasize that now is the time to lock in positions and trade high volatility, not to rest. The current volatility of 44% provides an opportunity to harvest premiums. • Referring to the precedent in February, when the price rose from $78,000 to $95,000 and then continued to decline, suggests that the current surge caused by a liquidity purge may be a similar trap before resuming the downtrend.