Chinese Community Daily Briefing
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Release Date: 2025-07-16
Overall Market Sentiment
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The group shows a strong bullish sentiment towards ETH, generally believing that Ethereum has completed its correction and will continue to rise, with key price levels to watch being $3300 and $3400. Traders are highly focused on the large bullish options position of Yi Yuanshuai and the deleveraging actions, paying close attention to his market judgment.
Hot Topics
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• Large funds continue to buy ETH call options, with over $2 million in premiums invested from last night to today, indicating strong institutional optimism for the future market.
• After holding 100,000 ETH call options, Yi Yuanshuai began deleveraging, having pocketed $70 million from a $100 million fund, seen as a cautious profit-taking signal.
• Deribit has launched a USDC interest-bearing product offering a 4% annualized return, which can be used directly as margin, clearly surpassing the advantages of USDe products.
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