Ethereum bears look to score on Friday’s $340M weekly ETH options expiry
Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into Friday’s $340 million options expiry.
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Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into Friday’s $340 million options expiry.
Traders have yet to flip bearish on Ether price, but the recurrent drops below $3,000 increase the likelihood of a sentiment flip.
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi.
Traders who believe ETH will reach $5,000 can use this low-risk options strategy to cast a long bullish bet.