Greeks.Live: The community holds a bullish outlook on Ethereum, but there are also some concerns that it may drop back to $2600

ChainCatcher message, Greeks.Live macro researcher Adam released a Chinese community briefing, which disclosed that the community generally holds a bullish attitude towards Ethereum, believing that after breaking through $2800, it is expected to challenge $4000.

Some opinions suggest that breaking through $2750 under low liquidity over the weekend shows strong momentum, but there are also concerns about a potential pullback to $2600.

The options market indicates a negative Gamma state within the $2700-$3900 range, meaning volatility may increase, and market makers need Delta hedging at the current position, suggesting that the upward trend may continue. In terms of market structure, the rapid rise lacks resistance.