Once you start, it may be too late to jump❕🔥
Hey guys, the holiday is over - it's time to get back behind the screen and check the reports. Naturally, things started with a deep dive into ETH options activity, as this is where the real market whispers come from.
Here’s what stood out:
Over the past week, the largest trading volume and open interest flow came at the strikes of $3000-3200-3400 (see screenshot). Most of the action was in standalone calls, although some of it appeared in the form of call spreads - meaning some players are betting on a controlled rise, not just a blind upward move.
The expiration date of June 27, 2025, remains the clear leader in open interest - and it’s still the date everyone is watching.
With implied volatility at 67.9%, the chance of ETH reaching $2950 by expiration is about 68% (1σ) - with only 18 days to go.
• Key points:
$3000-3200 seems well within reach.
But, does the price reach $3400? The likelihood of that happening is less than 15% based on current levels.
Sentiment among options traders appears positive, as they are preparing for a breakout from the sideways range, with almost a full display of the pattern.
$ETH #Binance #MarketPullback #bnb #TrendingTopic #BinanceAlphaAlert