According to the latest briefing from the Greeks.Live Chinese community, the Ethereum market is facing significant challenges - approximately 880,000 ETH are expected to be unstaked from this week to the end of the month. At current prices, this could bring potential sell pressure of up to $2 billion per week. This large-scale capital outflow may lead to short-term pressure on ETH prices, with community analysts estimating a drop of 5%-7%.

In the face of market uncertainty, the community suggests that investors adopt a cautious strategy. On one hand, when price fluctuations are small, it may be considered to set hedging positions, such as using options or futures contracts to balance risk. However, one must be cautious of the additional trading costs and slippage losses that frequent adjustments to positions may bring. On the other hand, the current implied volatility (IV) in the Ethereum options market is high, and the community believes that selling put options around $4,000 may be a good choice, as it allows for collecting premiums while potentially earning profits when the market stabilizes.

However, due to the recent impacts of unstaking, leverage liquidation, and institutional fund migration, the risks of one-sided trends have intensified. Therefore, the community emphasizes the need to pair strategies such as straddles or ratio spreads to cope with potential volatility. Overall, the market may face adjustments in the short term, but the medium to long-term outlook still depends on institutional fund inflows and the overall sentiment in the cryptocurrency market.