A new year, a new week, and the trend looks good.

The price of ETH is rising, but it is still not advisable to be overly optimistic.

From the IV perspective, the recent IV is rising, but the RV is still declining.

From the skew perspective, the near end is correcting positive, while the far end is still negative.

Overall, traders are confident about the recent trend, but the medium to long term still shows bearish sentiment.

Currently, chasing upward with a selling strategy is a relatively stable choice. It is recommended to reduce gamma while maintaining positive Theta and positive delta, observing as we go.

Wishing everyone to be friends with time and open positions steadily~