$ETH Ether price surged 10% between Monday and Tuesday, reaching its highest level in over 15 weeks. Despite this rally, ETH has consistently struggled to break above the $2,800 mark over the past month. This resistance level has coincided with a growing use of downside protection strategies in ETH derivatives markets.Open interest in ETH options increased from $6.3
billion to $8.3 billion between early April and June 9, signaling stronger institutional involvement.Deribit remains the dominant exchange, holding a 72% market share. Therefore, it is essential to analyze the flow imbalance between bearish and neutral-to-bullish trades.
but if btc dominance time arrive there have something change . stay tuned on the market.
