According to @GreeksLive, market sentiment is cautiously bearish with traders watching BTC 93.5k as a potential bottom, 100k as an upside target on reversal, and ETH 4050 as a critical short-put level currently at risk, source: @GreeksLive. Traders cited Trump administration headlines on tariffs and oil sanctions as drivers of unpredictable volatility and risk-off flows, source: @GreeksLive. Selini Capital reportedly incurred a $50M loss from basis trade unwinds, and participants noted IBIT trading at a discount, with calls for stabilization before a durable reversal catalyst, source: @GreeksLive. Despite pressure, some are selling puts near perceived bottoms to position for a bounce, while the Asian session was expected to add selling pressure, source: @GreeksLive.