The cryptocurrency market is experiencing anxiety as Bitcoin remains stagnant between $105,000 and $110,000, lacking clear direction. Traders are closely watching the $107,000 support level, with concerns that a drop below this point could lead to a bearish outlook. There is anticipation for a potential breakout to generate market volatility. In the options market, sellers are finding advantages in the current low volatility environment, though they face high margin requirements to capture risk premiums. Many traders are employing double-sell or grid strategies to collect premiums. Meanwhile, the persistent low forward volatility is causing losses in calendar spread strategies, with traders hoping for a price surge to $115,000 followed by a pullback to $85,000 to boost volatility. Ethereum is expected to test $2,800 or even $3,000 if Bitcoin reaches new highs. However, if Bitcoin falls below $100,000, Ethereum could retreat to around $1,800.