Adam@Greeks.live
Adam@Greeks.live|Feb 22, 2025 11:11
http://Greeks.Live Daily English Community Briefing ===== Release date: February 22, 2025 Overall market sentiment ===== Despite the Bybit $1.5 billion Ethereum theft incident, market sentiment remains cautiously optimistic, with traders seeing it as only a temporary setback. The group consensus will focus on $95000 to $96000 as a key support level, with expectations of an increase in mean regression, but there are some differences on the weekend price trend. Bybit Ethereum Theft Event Impact - Limited Spread Risk ===== The market believes that the impact of this hacking incident is controllable, and Binance and Bitget provide emergency liquidity support by depositing 50000 Ethereum Traders actively sell low volatility options (29% volatility), indicating limited concerns about further declines The group expects a rapid recovery similar to previous exchange events, focusing on the $93000-96000 range for mean regression trading
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