Greeks.Live: Traders are relatively pessimistic about ETH, believing it may become the second Litecoin.

According to Mars Finance, Greeks.Live macro researcher Adam published a Chinese community brief, pointing out that there are divergences in the group regarding the short-term trend of Bitcoin. Some traders believe that the 104,000-108,000 USD level has broken through as a daily chart pivot. If it does not pull back, it will form a '3 buy' signal, but there are also signs of divergence that may turn into a '1 sell' signal. Regarding Ethereum, traders are relatively pessimistic about its performance, believing it could become the second Litecoin, but some long-term traders remain bullish above the cost price. Traders are analyzing the liquidity shortage issue facing on-chain options in depth, arguing that the traditional order book model is not suitable for the on-chain environment, and proposing an AMM options solution based on UniswapV3.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
GateUser-97a8a564vip
· 9h ago
ETH is much better than the garbage LTC.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)