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

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

Bitget2024/11/28 02:00

Researcher Adam from Greeks.live stated on social media that BTC has been adjusting below $100,000 for several consecutive days, while ETH strongly broke through the key point of $3,500. This has shifted market attention from BTC to ETH. The rise of ETH also led to a general recovery in altcoins.

Looking at options data, this week's short-term option IV for BTC significantly surged and then fell back, while ETH maintained a high level above 80% and showed signs of breaking out. The IV difference between the two exceeded 20%. At the same time, we observed that bullish sentiment for ETH is significantly higher than bearish sentiment. Considering all these factors together, the current options market believes that the explosive growth potential of ETH is higher and it's worth buying into its bullish trend.

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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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