Odaily News Greeks.Live macro researcher Adam stated that the community has reached a strong Consensus on the bearish outlook for ETH, believing that its rise potential above 4100 USD is limited and there is a possibility of a significant fall. Traders are actively selling ETH call options and put options, betting that it will continue to be weak and range-bound. In contrast, the bullish outlook for Bitcoin is becoming apparent, with 115,000 USD seen as a trigger point for a significant pump.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analyst: The key resistance level for Bitcoin is $72,500, which may continue to face pressure in the coming months.
CryptoQuant analyst Darkfost stated that Bitcoin's failure to return to the realized price of $72,500, excluding long-term inactive supply, may face continued downward pressure, having historically remained below this level for 6 to 10 months during bear markets.
BlockBeatNews13m ago
Bitcoin Faces Extended Weakness Below Key Cost Basis
Bitcoin struggles below the key $72.5K realized price, indicating resistance and consistent selling pressure. Recent price action highlights weak recovery signs with potential further declines if support at $66K fails.
CryptoFrontNews19m ago
