$6 Billion In Ethereum Options: What This Means For Price

Ethereum (ETH) is approaching a pivotal derivative

 Billion In Ethereum Options: What This Means For Price

$6 Billion In Ethereum Options: What This Means For Price

Ethereum (ETH) is approaching a pivotal derivatives deadline as billions of dollars in options contracts near expiration, placing the $3,000 price level firmly in focus for traders. While traders are betting on a move higher, Ethereum’s near-term price action remains uncertain. The outcome of this options expiry could help shape ETH’s next big move, either to the upside or down to lower levels—particularly as investors reassess their expectations following

Source: Chart from Laevitas
ETH trading at $2,920 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.