Analyst: Ethereum options open interest is mainly call options
Analysts say that the open positions of Ethereum options are mainly bullish options, reflecting traders' expectations for ETF trading. The implied volatility of Ethereum bullish options has been higher than that of Bitcoin recently, indicating that derivatives market participants expect Ethereum prices to rise. QCP Capital analysts added: "The front-end trading volume of Ethereum may still be 15-20 times higher than that of Bitcoin, and the skewness of Ethereum may still favor bullish options. But the potential breakthrough of Ethereum prices still needs to wait until the S-1 approval is clearer."
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.
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