Odaily Planet Daily News: Adam, a macro researcher at Greeks.live, released an English community briefing stating that the group generally holds a bearish attitude, and most traders expect a significant decline, especially before the upcoming Bitcoin conference (May 27-29). There is a clear divergence between bearish expectations of an imminent plunge and a bullish prediction that SPX will reach $6650 by the end of July, while Bitcoin may reach $120000 before rebounding to $102000. Although price momentum continues to rise, most active traders still hold large amounts of put option spread positions. Traders plan to increase their put option positions before the Bitcoin conference, as they expect volatility to be repriced due to this event.