The crypto community is overwhelmingly bullish, with traders anticipating new highs and dismissing bearish views. Key levels in focus include $119,000 as a critical support for bullish positions and $121,000 as a mid-week target for call options. Call options have shown significant profitability, with reports of 120% returns and 100% profits across multiple strike prices. There is aggressive positioning in $121,000 strike call options set to expire mid-week. Meanwhile, bearish put positions have been established at $110,000, $111,000, $112,000, and $114,000 strike prices, offering downside protection and improving risk management by sixfold compared to previous trades. Traders are planning to double down on call options and create free spreads by selling part of their profitable positions.