Analyst: Ethereum options open interest concentrated in $5,000 call options expiring at the end of June
Golden Finance reported that analysts said that the open interest in Ethereum options is concentrated in $5,000 call options expiring at the end of June. They added that this indicates a bullish outlook for Ethereum, and traders are using the call option spread between $4,000 and $5,000 to prepare for potential price increases.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai