tldr; The $5 billion Ether (ETH) options expiry on Friday could push ETH prices above $5,000, as bullish strategies dominate after a 22% price gain in 30 days. With $2.75 billion in call options outweighing $2.25 billion in put options, bulls are well-positioned, especially with most bearish bets below $4,600 now ineffective. Key price scenarios suggest significant profits for bulls, even if ETH retraces to $4,400. However, further price movement may depend on Nvidia earnings and broader economic sentiment.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
bzzking on
Get in before $10K LFG GLTA 💎 ✋ 🚀 🌙
SigiNwanne on
We can only wait and see how it turns out, Friday is almost here. !tip 1
Heping_Qi on
HODLer has no stresses like these of daily weekly or monthly rates. I thank God for being a HODLer
kirtash93 on
This is the last chance to get in the rocket right?
🍩 !tip 1
Odd-Radio-8500 on
It would be better to break the $5k barrier before September.
6 Comments
tldr; The $5 billion Ether (ETH) options expiry on Friday could push ETH prices above $5,000, as bullish strategies dominate after a 22% price gain in 30 days. With $2.75 billion in call options outweighing $2.25 billion in put options, bulls are well-positioned, especially with most bearish bets below $4,600 now ineffective. Key price scenarios suggest significant profits for bulls, even if ETH retraces to $4,400. However, further price movement may depend on Nvidia earnings and broader economic sentiment.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Get in before $10K LFG GLTA 💎 ✋ 🚀 🌙
We can only wait and see how it turns out, Friday is almost here. !tip 1
HODLer has no stresses like these of daily weekly or monthly rates. I thank God for being a HODLer
This is the last chance to get in the rocket right?
🍩 !tip 1
It would be better to break the $5k barrier before September.
^(!tip 1)