TechFlow, on October 10, Adam, a macro researcher at Greeks.live, released a bulletin for the Chinese community stating, "Overall group sentiment is leaning pessimistic, with the belief that the crypto market is significantly underperforming compared to U.S. stocks, A-shares, and gold. Most traders are disappointed by ETH's weak performance.
Regarding key support levels, BTC has substantial open orders supporting the $120,000 level, while ETH 4,400 has been breached multiple times during the session. There is disagreement within the group about whether the market is still in a bull phase, with some traders expressing intentions to shift toward U.S. stocks after the next bear market."
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