ETH PERFORMANCE
$ETH $ETH The price of Ether rose 10% between Monday and Tuesday, reaching its highest level in over 15 weeks. Despite this rally, ETH has consistently struggled to surpass the $2,800 mark in the past month. This resistance level coincided with an increase in the use of protective strategies against declines in the ETH derivatives market.
In addition to standard call and put options, traders often use combinations of instruments to design strategies aimed at maximizing gains above certain levels or reducing exposure to losses. As a result, tracking the demand for these options provides insights into how professional traders are positioning themselves.