Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform: “ETH has fallen through $2200 without resistance. Yesterday, it was mentioned that large investors are continuously increasing their positions in put options, even very low strike puts. This kind of positioning continues today, but trading volume is now concentrated on the March expiry with $70,000 to $80,000, IV is rising rapidly, skew is quickly turning negative, indicating that large investors are shifting from short-term bets to medium- and long-term outlooks. The bearish sentiment is becoming more concrete from concerns. Based on years of experience, ETH is likely to test the $2000 psychological level.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polkadot Undergoes Bridge Exploit, Attacker Mints 1B $DOT on Ethereum
Polkadot faced a major security breach where an attacker minted 1B $DOT coins on Ethereum via a 3rd-party bridge, draining over $240,000 in $ETH. This incident highlights ongoing vulnerabilities in cross-chain infrastructure and its impact on market stability.
BlockChainReporter34m ago
Bitmine gets promoted to the NYSE main board! Tom Lee: U.S. stocks may be bottoming out, and selling pressure on Ether could ease
Bitmine has officially moved from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its share price, it has still increased the share repurchase plan to $4 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.
CryptoCity1h ago
Nasdaq-listed miner Bit Digital stakes 29.9k ETH
Gate News message: On April 13, according to monitoring by Onchain Lens, Bit Digital—an Nasdaq-listed mining company—staked 29.9k ETH, worth approximately $65.3 million.
GateNews1h ago
Trader 0x5ACE Deposits 2,540 ETH to CEX After 3-Month Hold, Realizes $2.4M Loss
Gate News message, trader 0x5ACE deposited 2,540 ETH, valued at $5.56 million, to a centralized exchange after holding the position for 3 months. The transaction resulted in a loss of $2.4 million for the trader.
GateNews3h ago
