Greeks.Live: Traders are more pessimistic about ETH's performance, believing it may become the next Litecoin

Greeks.Live macro researcher Adam released a briefing for the Chinese community, which pointed out that there is disagreement within the group regarding the short-term trend of Bitcoin. Some traders believe that the daily central point of $104,000-108,000 has been broken, and if it does not fall back, it will form a third buying signal. However, there is also a divergence trend that may turn into a first selling signal. Regarding Ethereum, traders are relatively pessimistic about its performance, believing that it may become the second Litecoin, but in the long term, some traders are still insisting on being bullish above the cost price. Traders have conducted an in-depth analysis of the lack of liquidity faced by on-chain options, believing that the traditional order book model is not suitable for the on-chain environment, and proposed an AMM option solution based on UniswapV3 modification [Odaily Planet Daily].