Greeks.Live: Market sentiment remains cautiously optimistic after the Bybit Ethereum theft, with traders seeing it as just a temporary setback
Online reports that Adam, a macro researcher at Greeks.Live, released an English community briefing on platform X, revealing that despite the $1.5 billion Ethereum theft by Bybit, market sentiment remains cautiously optimistic, and traders believe this is just a temporary setback. The group consensus will focus on US$95,000 - 96,000 as a key support level, and expects a return to higher average, but there are some differences on the weekend price trend. The market believes that the impact of the hacking incident is manageable. Binance and Bitget provide emergency liquidity support by depositing 50,000 Ethereum units. Traders actively sell low-volatility options (29% volatility), indicating limited concerns about further declines.
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