On September 29, Adam, a researcher at Greeks.live, posted on social media indicating that the current English encryption community shows a predominant bearish sentiment. Traders expect a "fake pump" to occur before further falls. The most active members are focusing on shorting opportunities, waiting to increase the position in put options at higher levels, indicating they are preparing for a market fall after a temporary rise.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Greeks.live: The English community is predominantly bearish, with traders expecting the market to fall after a "bull trap."
On September 29, Adam, a researcher at Greeks.live, posted on social media indicating that the current English encryption community shows a predominant bearish sentiment. Traders expect a "fake pump" to occur before further falls. The most active members are focusing on shorting opportunities, waiting to increase the position in put options at higher levels, indicating they are preparing for a market fall after a temporary rise.