Is Ethereum Preparing to Rise from the Ashes? Whales Expect These Levels in ETH in March! | Bitcoin (BTC) has achieved new highs, surpassing its previous all-time high (ATH) from 2021. In contrast, Ethereum (ETH) remains 44% below its ATH of over $4,890 from November 2021. Nevertheless, options traders show a bullish sentiment towards Ethereum, with over 70% of the open interest in call contracts, particularly focused on the $3,000-$4,000 range for February and March expirations. The low Put/Call Ratio indicates investor optimism for medium-term growth. Despite this, caution persists among large investors (whales) as they hedge against potential downside risks, with 22% of block trades in puts. Ethereum's price has recently increased by 4.6% and is currently trading at $2,805.