Greeks.live: The current options market believes that ETH has a higher potential for explosive growth

2024-11-27 23:24:06

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ChainCatcher news, Greeks.live researcher Adam posted that BTC has been adjusting below $100,000 for several consecutive days, while ETH has strongly broken through the key level of $3,500. This has shifted market attention gradually from BTC to ETH, and the rise of ETH has also boosted the overall recovery of altcoins.

From the options data, this week BTC's short-term options IV has significantly spiked and then retreated, while ETH has consistently maintained a high level above 80%, and it subtly shows a breakout trend. The IV difference between the two has exceeded 20%. At the same time, it is observed that the bullish sentiment for ETH is significantly higher than for bearish, indicating that the current options market believes ETH has a higher potential for explosive growth and is worth buying calls.

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