## ETH Options Market Sees Decline Concerns Ease Recent analysis of the ETH options market indicates a decrease in concern regarding a further short-term price decline. Data from Laevitas, as reported by Coin Telegraph, reveals that ETH put options are trading at levels comparable to call options. This suggests that option traders are less worried about potential price drops than they were two weeks prior. ## Derivatives Market Shows Neutral Sentiment While the ETH derivatives market doesn't display strong optimism, it also doesn't indicate significant apprehension about continued declines from the current price. The absence of high demand for leveraged positions betting on an ETH price increase doesn't automatically foreshadow a price decrease. ## Whale Activity Key to Market Stability The report also highlights the importance of whale activity. If large ETH holders were passively allowing the price to decline, a risk signal would have been apparent in the options market. The current market suggests a cautious, but not overtly bearish, sentiment among traders and large holders. ```