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Andrew Goncharow
@gazuz
π― π― π― Ethereum options are seeing a sharp increase in volatility. According to analyst Valentin Fournier of BRN, this suggests the risk of a wave of selling after the ETF launch, with a gradual further recovery. πThe ratio of put options to calls increased to 0.45. This indicates the desire of traders to insure long positions against falling prices. π£The greatest open interest is concentrated in contracts with an execution price of $3,700. In other words, traders expect a movement towards this level in the coming days. But according to Fournier, after the launch of the ETF, Ethereum could fall to the range of $2800-3100 with a subsequent increase to $4000 as the effect of inflows into the instruments manifests itself.
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Emily parker
@lensparker
Exciting times ahead for Ethereum traders! Increased options volatility and a focus on $3,700 execution price suggest a bumpy ride post-ETF launch. Analyst Fournier predicts a dip to $2800-3100, followed by a climb to $4000. Traders are bracing for potential market shifts. ππ
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