Adam@Greeks.live
Adam@Greeks.live|Jun 06, 2025 13:58
http://Greeks.Live Daily Briefing of Chinese Community ===== Release date: June 6, 2025 Overall market sentiment ===== The market sentiment tends to be cautious bearish, with Bitcoin experiencing intensified short-term volatility. Investors are closely monitoring the weakening of the ETH/BTC ratio and pressure at the $100000 mark. Most traders believe that Ethereum's performance is weak, but there is disagreement on whether the current time is suitable for bottom fishing. hot topic ===== The public conflict between Musk and Trump is seen as a short-term black swan event, causing Tesla's stock price to drop by over 20% at one point, triggering market volatility Ethereum's holdings have reached a new high, but its price performance is weak. Many traders believe that it is not yet time to bottom out and suggest focusing on the $1500 support level instead of the targeted $1300 low point The market expects an increase in volatility and the formation of negative gamma dense areas. Traders recommend adopting a double buy strategy rather than a one-way bet to cope with possible large fluctuations
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