Greeks.Live: The community is generally bullish on Ethereum, but some are also concerned about a fall back to $2,600

PANews reported on February 23 that Greeks.Live macro researcher Adam released a Chinese community briefing saying that the community is generally bullish on Ethereum and believes that it is expected to hit $4,000 after breaking through $2,800. Some believe that breaking through $2,750 under low liquidity over the weekend shows a strong momentum, but there are also concerns that it may fall back to $2,600. The options market shows a negative Gamma state in the $2,700-3,900 range, which means that volatility may increase. Market makers need Delta hedging at the current position, and the rally may continue. In terms of market structure, there is a lack of resistance to rapid rises, and the candlestick chart shows strong upward momentum, supported by fundamental factors such as staking.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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