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Greeks.Live: Traders are relatively pessimistic about ETH, believing it may become the second Litecoin.
According to Mars Finance, Greeks.Live macro researcher Adam published a Chinese community brief, pointing out that there are divergences in the group regarding the short-term trend of Bitcoin. Some traders believe that the 104,000-108,000 USD level has broken through as a daily chart pivot. If it does not pull back, it will form a '3 buy' signal, but there are also signs of divergence that may turn into a '1 sell' signal. Regarding Ethereum, traders are relatively pessimistic about its performance, believing it could become the second Litecoin, but some long-term traders remain bullish above the cost price. Traders are analyzing the liquidity shortage issue facing on-chain options in depth, arguing that the traditional order book model is not suitable for the on-chain environment, and proposing an AMM options solution based on UniswapV3.