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QCP: Ether Forward Spreads Have Shifted From Put Options to Call Options With 9% Higher Implied Volatility Than Bitcoin

QCP: Ether Forward Spreads Have Shifted From Put Options to Call Options With 9% Higher Implied Volatility Than Bitcoin

Bitget2024/09/24 12:35

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.

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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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