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Greeks.Live: Traders Expect ETH to Hit $4000 or Higher Target
Summary: According to Greeks.Live, Bitcoin has surged to a new all-time high near $118,000, while Ethereum has successfully surpassed the $3000 mark, with market sentiment highly bullish. Traders generally believe this is a rare major market trend that occurs every few months, expecting ETH to hit $4000 or even higher targets. During this trend, options buyers ...
According to Greeks.Live, Bitcoin has surged to a new all-time high near $118,000, while Ethereum has successfully surpassed the $3000 mark, with market sentiment highly bullish. Traders generally believe this is a rare major market trend that occurs every few months, expecting ETH to hit $4000 or even higher targets.
During this trend, options buyers have achieved great success, with profits reaching 13-17 times the initial investment. Technical analysis shows that ETH is currently in a wide range of $2800-3200, with the Gamma Ex indicator showing a negative gamma amplification trend, indicating the possibility of huge fluctuations rather than a one-sided trend in the future.
