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Traders have reached a strong consensus on a bearish outlook for ETH, but are bullish on BTC.
Odaily News Greeks.Live macro researcher Adam stated that the community has reached a strong Consensus on the bearish outlook for ETH, believing that its rise potential above 4100 USD is limited and there is a possibility of a significant fall. Traders are actively selling ETH call options and put options, betting that it will continue to be weak and range-bound. In contrast, the bullish outlook for Bitcoin is becoming apparent, with 115,000 USD seen as a trigger point for a significant pump.