The vigorous rise has come again to the weekend; be cautious of a pullback.

Let's take a look at the data.

The gamma ex of Bitcoin is still concentrated in the negative range of 115 to 120, with weak positive gamma resistance starting at 122. It may be somewhat difficult to break through to the next price range in the short term.

Ethereum's gamma ex is also in the negative gamma range, but the positive gamma is amplified at the 4K position. It should be difficult to break through the 4K mark in the short term. At the same time, because the price is still in the negative gamma zone, one should also be cautious of a sharp drop.

From the perspective of contract liquidation pressure, the possibility of a pullback is quite high.

The weekend is a time when US stock inflows pause; be wary of shorts causing trouble.

A more rational suggestion is to take profits. If chasing the rise, opening a call position on Sunday afternoon is a more cost-effective choice.

As a seller who insists on shorting volatility, I advise all fellow sellers to avoid being stubborn. If this wave really breaks through 4K, one must yield to the bulls.

Of course, yielding to the bulls can also involve shorting volatility; just keep selling puts. Let's pause selling calls.

Wishing everyone prosperity~