šŸ’¬ $ETH still isn’t getting much love out there... but maybe that’s the opportunity?

Jake from Wintermute pointed out that traders are way more hungry for BTC upside right now compared to ETH. The skew (aka the bias in option prices) shows a huge gap: BTC is looking strong, but ETH is still kinda depressed.

šŸ‘‰ He highlighted that ETH riskies expiring 11APR25 could be a cheap way to bet on a bounce.

Translation: you can lean into the upside without paying much, because no one's fighting you for it yet.

šŸ”Ž Quick snapshot from the 25d Risk Reversal:

- $BTC skew is mostly positive šŸ”„

- $ETH skew is still negative ā„ļø

- Long story short: BTC gets the hype, ETH looks ignored — for now.

If history rhymes, sometimes the "forgotten" asset ends up moving the hardest when sentiment flips.

Moral of the story? Might be a good time to watch ETH options closely. 🧐

#ETH #Ethereum