Ascending channel pattern and Ethereum options data back traders’s $5K ETH target
ETH price dropped to $4,400 during Thursday’s correction, but data shows traders expect the altcoin to surpass $5,000 soon. Go to Source Powered by WPeMatico
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ETH price dropped to $4,400 during Thursday’s correction, but data shows traders expect the altcoin to surpass $5,000 soon. Go to Source Powered by WPeMatico
Ether bulls have been calling for $5,000 ETH for years, and now derivatives data suggests that the price is finally realistic. Go to Source Powered by WPeMatico
ETH price failed to overcome its previous all-time high, but derivatives data signals that bulls will try their best to keep the price above $4,000 for the short-term. Go to Source Powered by WPeMatico
Losing the $3,000 mark just days before Friday’s $1.55 billion ETH options expiry nearly doomed Ether longs, but derivatives data shows bulls are still in favor. Go to Source Powered by WPeMatico
Overly-confident Ethereum options traders are nervously watching the $3,200 level ahead of this week’s $800 million ETH options expiry. Go to Source Powered by WPeMatico
$10,000 Ethereum options for December 2021 cost buyers $734 each, but today they are only worth $85 and ETH price is 47% away from its all-time high. Go to Source Powered by WPeMatico
Traders bullish on Ether have a $109 million advantage heading into the $730 million ETH options expiry on May 14. Go to Source Powered by WPeMatico
Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.” Ethereum Options Volume Grows Exponentially, $50K Strike Flexes Muscle When it comes to bitcoin … Read more
Ethereum price soared to $4,200 but derivatives data reflects a decline in the bullish sentiment of Ether futures and options traders. Go to Source Powered by WPeMatico
Ethereum’s spectacular rise to $3,300 has rendered all of the bearish put options worthless ahead of this Friday’s $470 million expiry. Go to Source Powered by WPeMatico