The weekend Ethereum is a bit stiff, leaving me at a loss, fearing it could be a bait for bulls or a dead cat bounce. Let's quickly check the data. Not bad! Especially the gamma ex data shows a significant change compared to two days ago.

In particular, the negative gamma area is rapidly expanding, with a sudden increase at the 2K price level. This suggests that everyone is optimistic about 2K and actively going long, right? However, there are also quite a few people buying puts fearing a rise in volatility on the put side. Will the price continue to rise amidst this hesitation? Looking forward to it. An options expert once said, the more it rises, the more puts you buy, and the more it falls, the more calls you buy. Excluding the opening of a one-sided major trend, this statement is very true.

Monthly profits lead to losses, the cycle of heaven's way. If you hold a lot of spot assets, after a big rise to recover, you can buy some puts for protection. If you hold a lot of cash and want to safely chase the rise, selling a little put as a regular investment and to take delivery is also not bad. Before the interest rate cut expectations are realized, it is not advisable to go all in. That's all, have a great weekend! Go Ethereum, rise strong!