Daily Briefing of the Chinese Community

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Release Date: 2025-09-25

Overall market sentiment
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The group is generally bearish on ETH, and most members believe that the integer mark of ETH 4000 is inevitable, and their confidence in the market outlook is obviously insufficient. Traders are engaged in heated discussions around key support levels such as ETH 3800 and BTC 10400, and the market disagreement is mainly focused on whether a bottom reversal has been reached.

Hot topics
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• ETH's drop below 4000 has triggered panic in the market, with several traders predicting further decline to the support level of 3800.
• Technical analysis shows that the nine segments of the Chande theory have been completed and are currently in the tenth segment of a sharp decline, with CB premiums being compressed to around 0, indicating a pessimistic market.
• Options strategies have become the focus, and it is recommended to buy put options at 113-114, which has quickly shown results. Coin-denominated options are more suitable for bottom-fishing operations compared to US-denominated options in the current environment of exploding IV.