TechFlow reported on March 28 that Greeks.live analyst Adam stated in his daily Chinese briefing that Ethereum's price has broken below the key support level of $2,000, with traders generally adopting a bearish outlook. The ETHBTC pair is showing weak performance, and many believe selling Ethereum call options is one of the best strategies at present.
Additionally, in terms of options trading, calendar spread strategies (selling near-term contracts while buying longer-dated ones) are considered advantageous in the current Ethereum market, especially following today’s large option expiry. Meanwhile, Bitcoin has found support above $85,000. Analysis suggests this is primarily due to approximately 1,500 BTC in bid-side buying activity on Binance, along with hedging actions by market makers.
Several traders shared recent experiences, recommending that amid rising market uncertainty, employing options hedging strategies is safer than maintaining direct price exposure.
