QCP: Ether Forward Spreads Have Shifted From Put Options to Call Options With 9% Higher Implied Volatility Than Bitcoin
In cryptocurrency terms, an overall bullish trend has led to greater price gains for ethereum relative to bitcoin, with the ETH/BTC cross rate rising from 0.038 on Friday to 0.0415 today, Bitget News said in a daily report from QCP.This is a sign of restored confidence in ETH or simply high volatility due to impaired liquidity.
In the options market, the front-end skew in ETH has shifted from puts to calls, while ETH implied volatility is 9% higher than BTC, suggesting upside sentiment and higher expected volatility.
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
Goolsbee: Uncomfortable with an early and significant rate cut
Federal Reserve Governor Cook: The likelihood of asset price declines has increased but does not pose a risk
Federal Reserve Governor Barr: Concerned that inflation remains at 3%
Aptos launches new on-chain transaction engine Decibel on testnet, enabling multiple key features