Viewpoint: The Ethereum options with open positions expiring at the end of April suggest bullish sentiment
2024-04-08 20:33:09
According to Deribit's data, approximately $3.3 billion in nominal Ethereum options are set to expire at the end of April, of which approximately two-thirds are used for call options or price call bets. Wintermute over-the-counter trader Jake Ostrovski said, "The concentration of call options is between $3700 and $4000, indicating an upward trend in the market and potential bullish sentiment."
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