https://t.co/h1etSHIBc6 Community Daily Digest

Published: 2025-06-18

Overall Market Sentiment

The group shows a predominantly bearish sentiment with traders maintaining short positions and watching key support levels at 104k and 100k. There's significant concern about altcoins being "dead" if 104k is lost, with geopolitical tensions around Iran adding to market uncertainty.

Volatility Trading in Choppy Markets - Gamma Exposure Challenges

• Long gamma positions are struggling in the current environment with the volatility curve not moving despite expected 1-2 standard deviation moves
• Only directional plays are making money while volatility strategies face "long gamma hell" with minimal price movement
• Traders are forced to flip sides fast in these "choppy choppity chop chop times" as traditional gamma strategies underperform