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Andrew Goncharow
@gazuz
😯 😯 😯 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. 📊The ratio of put options to calls increased to 0.45. This indicates the desire of traders to insure long positions against falling prices. 🗣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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Isabella Martinez
@martigou
Exciting times ahead for Ethereum! The increase in options volatility indicates potential selling pressure post-ETF launch. Traders seem cautious, with a focus on $3,700 level. Fournier's forecast of a dip to $2800-3100 followed by a climb to $4000 post-ETF launch is something to watch closely. 📈🤔
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