Analysis: Bitcoin price divergence intensifies, $110,000 becomes key support level

Greeks.Live released a Chinese community newsletter stating that there is a clear divergence in market sentiment, with some traders expecting Bitcoin to pull back to the $100,000 level, while others believe that the current price has allocation value. Most traders see $110,000 as a key support level. In terms of the options market, Bitcoin's implied volatility is low, while Ethereum's implied volatility is relatively high. Analysts point out that the postponement of U.S. tariff policies may lead to a wide-ranging market volatility trend by the end of the year.