Let's have a light chat about ETH this weekend.

From the perspective of gamma ex, ETH is also approaching recent resistance. Whether it can break new highs depends on the strength of the US stock ETF.

The entire crypto market, represented by Bitcoin and Ethereum, is entirely supported by the US stock market. Haha.

If there is no incremental liquidity, and considering the current trading dynamics, it looks like we will see a wide fluctuation around 3600.

From the changes in options open interest (OI), the deep out-of-the-money OI has increased significantly, while the total positions have also reached a new high in the past year.

Is this a peak before decline, or is it unprecedented? Please judge for yourself. DYOR

Wishing everyone prosperity~