According to TechFlow news, on June 12, Greeks.Live released a market brief: the current price of Bitcoin is hovering around $110,500, having failed to break the resistance level three times in a row, with technical indicators showing weakness. Market sentiment is clearly polarized, with short positions gaining confidence while long positions remain steadfast at a target price of $145,000. Short traders are actively buying put options with an expiration at the end of this month for $102,000, believing that the current 40% volatility offers an excellent risk-reward ratio, anticipating that prices will fall to $105,000 in the short term, with a final target of $90,000. Notably, shorts mainly adopt collar trading strategies and put options spreads as hedging tools, rather than directly shorting, indicating a cautious attitude towards the market.