ETH surged 20 centimeters, unstoppable like a vast tide. E guardians assemble, the FOMO atmosphere is rising again.

Let's take a look at the data and see how things have been recently. From the IV perspective, the put side has significantly increased, and the bears are starting to rise. The performance of gamma ex is good, and there has been a noticeable increase at the 2400 level.

However, the probability of continuing to rise is not high. With the big surge, taking some call profits and increasing put insurance is a more rational choice.

For those continuing to bet on the rise and expecting interest rate cuts in the second half of the year, they can do a call spread in long-term options, betting on a return to 4K. Ethereum is the king of altcoins, whether it can kick off the altcoin season depends on ETH leading the way! Let's go, Auntie~