Researchers at Greeks.live stated that Ethereum led the rise of alternative coins, and the fear of missing out (FOMO) sentiment began to emerge in the options market. Ethereum dominated the bullish market and surpassed a price of $3,650, while Bitcoin's price fluctuated around $120,000, then these sentiments reversed. The implied volatility of Ethereum is 70%, and most of the bullish transactions represent more than 30%, with sellers not yet entering the market. With the expiration of $5.8 billion in options, 25% of Ethereum's trading volume is concentrated in a bullish range between $3,000 and $4,000. This market is very promising, and there is no short-term correction. It is advised to increase positions in alternative coins and monitor volatility after delivery.