Greeks.live: The current Chinese crypto community generally believes that bottom fishing should be avoided, and remains cautious about the September 26 quarterly settlement.

BlockBeats News, September 23, Greek.live researcher Adam posted on social media that the current Chinese crypto community tends to be cautious about a bearish market. Traders generally believe that it is not appropriate to bottom fish at the moment as there is no clear reversal signal yet. Most members are focused on the support test in the $10.4-10.5K range for Bitcoin and the key technical level of $4000 for Ethereum, remaining vigilant about the pressure brought by the quarterly settlement on September 26.

BlockBeats previously reported that according to Deribit data, this Friday (September 26) will see the expiration and settlement of options, including:

· BTC options with a notional value of $17.47 billion, a put/call ratio of 0.74, and a max pain of $110K;

· ETH options with a notional value of $5.48 billion, a put/call ratio of 0.76, and a max pain of $3700.