ETH is starting to challenge historical highs, with implied volatility (IV) across all maturities rising. In the short term, multiple at-the-money options have broken through 70%, and both block trades and overall transaction ratios are leaning towards call options, with positive skew intensifying.

FOMO sentiment has now reached a high level, and the historical high is just one step away. Buying the 4800 Call would be a good choice.