TechFlow news, August 7: Greeks.Live released its daily report for the Chinese community. The market generally maintains an optimistic outlook, focusing on Ethereum's key resistance level at $4,000 and the anticipated boost from expected interest rate cuts. Trump plans to issue an executive order allowing 401k retirement funds to invest in cryptocurrencies, but analysts caution that current funding rates and long/short ratios do not support a significant price surge. Notably, Ethereum's market share continues to rise, fueling market speculation of an "ETH season," though warnings emerge as volatility has not risen correspondingly. In the current low-volatility environment, traders suggest employing a "sell near, buy far" calendar spread options strategy, waiting for volatility to rebound before adjusting positions.
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