EBON Forecast


Bullish Case: EBON price forecast is +0.71%, indicating potential for slight upward momentum. Historical support exists around $6, suggesting a possible rebound.


Bearish Case: EBON has seen negative returns across multiple timeframes and -0.1 correlation with forecasts indicates potential forecast inefficacy. Market sentiment is flat.


Potential Outcomes:

1. Continued flat trading (60%)

2. Short-term bounce due to slight bullish forecast (20%)

3. Further decline based on historical trends (20%)


Trading Oracle: Short Volatility, Debit Spreads. Bearish outlook. Sell calls and buy puts expiring in 60 days. Likelihood of continued flat or declining prices, capitalizing on negative returns over different timeframes, ensures positive edge and high reward:risk ratio.


July 10, 2024


Ebang International Forecast

EBON      Ebang International











Correlated Assets

Assets that tend to move strongly with EBON



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.24)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.12)


VFC Forecast + Options Trading Strategies   VFC  VF (0.05)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.16)



Uncorrelated Assets

Assets with little price relationship to EBON



VFC Forecast + Options Trading Strategies   VFC  VF (0.05)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.12)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.16)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.24)



Anticorrelated Assets

Assets that tend to move strongly against EBON



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.24)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.12)


VFC Forecast + Options Trading Strategies   VFC  VF (0.05)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.16)





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