http://Greeks.Live Chinese Community Daily Brief ===== Release Date: 2025-09-25 Overall Market Sentiment ===== The group is generally bearish on ETH, with most members believing that losing the key $4,000 level is inevitable, and confidence in the market outlook is noticeably low. Traders are intensely debating key support levels like ETH $3,800 and BTC $10,400, with the main disagreement being whether the bottom has already been reached and a reversal is underway. Hot Topics ===== • ETH breaking below $4,000 has triggered market panic, with several traders predicting a further drop to the $3,800 support level • Technical analysis indicates that the nine-wave Elliott cycle has completed, and the market is now in the tenth wave of a sharp decline. CB premiums being suppressed near zero reflect a pessimistic market outlook • Options strategies are in the spotlight, with recommendations to buy put options at the 113-114 range proving effective. Coin-margined options are seen as more suitable for bottom-fishing in the current environment of exploding IV compared to USD-margined options