http://Greeks.Live Daily Briefing of Chinese Community ===== Release date: July 11, 2025 Overall market sentiment ===== The group is highly bullish on the market direction, with BTC breaking through a historical high to around $118000 and ETH successfully reaching the $3000 mark. Traders generally believe that this is a major market trend that occurs once every few months, and expect ETH to hit its target of $4000 or even higher. Market sentiment has shifted from long-term suppression to a complete explosion. hot topic ===== The buyer strategy of doomsday options has been highly successful: traders boldly bought doomsday CALLs at low IV opportunities, with single returns reaching 13-17 times, proving that the explosive power of option buyers far exceeds that of contract trading in volatile market conditions Intense discussion on risk management of double selling strategy: Faced with breakthrough market trends, sellers need to deal with gamma consolidation issues through real value option rolling or synthetic delivery, emphasizing the importance of high-frequency small positions and hard resistance to mean regression Market technical analysis shows that ETH is in a wide range of fluctuations between $2800-3200, and the Gamma Ex indicator shows a negative gamma amplification trend, indicating that there will be huge fluctuations in the future rather than a one-sided trend