Greeks.live: Ethereum has seen a substantial rebound today, which may be related to Vitalik's participation in the Hong Kong blockchain event

Adam, a macro researcher at Greeks.live, stated in a post on X platform that Ethereum saw a significant rebound today, which may be related to Vitalik Buterin's participation in Hong Kong's blockchain activity. Conversely, Bitcoin entered a correction phase. The options market expects the trend of the currency price to be consistent. Today, Bitcoin options mainly involve short selling, while Ethereum mainly involves buying short-term bullish options. Both are mainly traded in the form of spread combinations, indicating that the market still has doubts about future trends. The main term IV has slightly decreased. BTC also has different signals. Just now, 350 call options with a strike price of 200,000 USD expiring in March next year were traded, with a premium value of 2.5 million USD. Currently, whales have hoarded nearly 30,000 call options with a strike price of over 100,000 USD in various terms.