Market optimism is driving positive movement in the Ethereum market according to insights shared by macro researcher Adam from Greeks.live. A recent briefing, targeting the Chinese community, highlights a generally optimistic outlook on the cryptocurrency market with Ethereum standing out as a performer. Notably, investors are focusing on a bullish signal from the DVOL MACD indicator, suggesting increased price volatility. Additionally, attention is being drawn to Ethereum’s successful rebound following a second bottoming period. The options trading strategy employed by participants leans toward cyclical protection, utilizing long-term options to hedge short-term options, creating a protective loop.