Due to the opening of the Ethereum cash market, derivatives market participants are expecting a lot of volatility in ETH this week. Analysts predict that there may be selling pressure on the day of the launch of the Ethereum ETF, and then a gradual recovery. According to Deribit data, ETH options implied volatility rose from 56% to 70% in the past week.
BRN analyst Valentin Fournier said that the ETH price could fall immediately after the launch of spot trading in the Ethereum ETF, and could face significant selling pressure at the beginning of the week, which may not be immediately offset by the launch of the ETF.
Analyst: Ethereum ETF spot trading will experience greater volatility after launch
2024-07-22 12:01:07
Due to Ethereum spot market open derivatives market participantdesk3cryptocurrencydesktopCrypto News
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