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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
Greeks.Live: Approximately 880,000 Ether will be withdrawn from stake on Ethereum this week until the end of the month, potentially bringing $2 billion in selling pressure each week.
PANews, August 18 news, Greeks.Live Chinese community briefing shows that approximately 880,000 Ether will be withdrawn from stake on Ethereum by the end of this week, which may bring a selling pressure of $2 billion each week, and the price is expected to fall by 5%-7%. In addition, the community suggests setting up hedging strategies during periods of low price volatility, but be aware of the risks associated with frequent operations. Regarding options trading, the current volatility of Ethereum is relatively high, and it is recommended to sell put options around $4000, while also incorporating other strategies to respond to potential one-sided market conditions.