Ether to $4.4K? This Hidden Signal Suggests a Possible Quick Fire Rally

The net gamma exposure of dealers in the Deribit-listed ether options market is negative between $4,000 and $4,400

The net gamma exposure of dealers in the Deribit-listed ether options market is negative between $4,000 and $4,400.

The dynamic could create a self-reinforcing positive cycle, leading to a quick ascent to $4,400, one observer said.

hidden signal from the derivatives market suggests that ether's (ETH) rally could intensify, lifting valuations quickly to $4,400.

The indicator under consideration is the net gamma exposure of dealers/market makers in the Deribit-listed ether options market. Gamma is the critical metric for options traders, measuring how an option's delta, or its sensitivity to the underlying asset's price, changes in response to market moves.$ETH