Greeks.live: Market sentiment tends to be cautious and neutral, and the ETH/BTC exchange rate may continue to fall

Odaily News Greeks.live macro researcher Adam published a Chinese community briefing, which pointed out that market sentiment tends to be cautious and neutral. Most traders believe that Bitcoin is in a volatile consolidation phase and needs a breakthrough to determine the direction. Some traders are bullish on Bitcoin in the short term, but pessimistic about Ethereum, believing that the exchange rate of Ethereum to Bitcoin will continue to fall. Traders are discussing weekend end-of-day options strategies, especially the at-the-money double-sell (straddle) strategy of selling on Sunday after delivery on Friday. Backtesting data shows that this strategy has stable returns.