Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
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Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we…
Ether’s price has been sideways for 27 days, but pro traders are not confident about the $2,500 support, according to derivatives.
ETH bulls will need to keep searching for positive news, especially as bears apply extra pressure ahead of Friday’s $1.1 billion monthly options expiry.
ETH price could hit new lows near $3,600, but derivatives data suggests pro traders still feel bullish.
$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200.
ETH price recaptured the $3,800 level and derivatives data signals bulls are well-positioned for Friday's $385 million options expiry.
Traders are long on Ethereum, but derivatives data suggests that $4,000 ETH is a long shot in the short term.
Derivatives data and strong fundamentals back retail and professional traders' bullish stance on ETH price.