According to Greeks.Live’s latest daily briefing, the upcoming unstaking could weigh heavily on Ethereum, potentially leading to a 5%–7% decline in price.
The firm highlighted that such large-scale withdrawals often translate into heightened short-term volatility, especially with ETH trading just above key support levels.
Greeks.Live advised traders to prepare hedging strategies while warning against excessive short-term speculation.
For options trading, it noted that $4,000 put options are currently unattractive due to high volatility, though a mix of strategies may help protect against sharp one-sided market moves.
Analysts also flagged $4,200–$4,300 as a major resistance zone, while $4,000 remains the critical support level. They cautioned that a sudden decline could occur ahead of a potential U.S. interest rate cut, underscoring the need for caution in the weeks ahead.
Ethereum traders will now be watching closely to see how the $2 billion in unstaked tokens impacts the market’s next move.
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