The crypto community is showing a bullish sentiment towards Ethereum, focusing on the $2,600-$2,700 range as a critical support level. Traders are optimistic about Ethereum breaking the $3,000 mark and targeting $4,000 in the long term, viewing the current phase as a steady upward trend. In trading strategies, the Byzantine Razor strategy has performed well, with a 30% gain in June, evolving from version 1.0 to 3.0 with improvements in dynamic hedging mechanisms. Discussions are also centered on using percentage-based hedging over traditional Delta-neutral hedging to address limitations in end-of-term options and complex positions. Additionally, positive news regarding a SOL ETF is shifting some traders' focus from Ethereum to Solana, anticipating new capital inflows.