Greeks.Live: Traders expect ETH to hit $4000 or even higher targets.

On July 11, Greeks.Live released a Chinese briefing stating that Bitcoin has broken its historical high to around 118,000 USD, and Ethereum has successfully stood above the 3,000 USD mark, with market sentiment being highly bullish. Traders generally believe this is a once-in-a-few-months major market event, expecting ETH to challenge the 4,000 USD target or even higher. In this market, the buyer strategy for options near expiration has been very successful, with single transaction returns reaching 13-17 times. Technical analysis shows that ETH is currently in a wide fluctuation range of 2,800-3,200 USD, with the Gamma Ex indicator showing a negative gamma amplification trend, indicating that there may be significant fluctuations in the future rather than a one-sided trend.

LIVE13.09%
ETH-1.92%
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