The post Ether Options Indicate Bearish Sentiment Amid Bullish Predictions appeared first on Coinpedia Fintech News
Amberdata, a well-known company that tracks cryptocurrency information, says that options connected to Ether show a leaning toward expecting lower prices in the next 3 months. However, there’s a slight hint that there might be some strength in the months that come after.
One-Week Call-Put Skew Hits 3-Month Low
On Wednesday, the one-week call-put skew for Ether, which gauges the demand for calls compared to puts expiring in seven days, reached nearly -8. This marks the lowest level observed in over three months and indicates a prevailing inclination for bets anticipating a decline in Ether’s
Meanwhile, the way people are betting on the price of ETH has changed a lot. In the short term, more people are making bets that the price will go down, especially until April. But for the longer term, there are still many who believe the price will go up.
As of the latest data,
We współpracy z: https://coinpedia.org/news/ether-options-indicate-bearish-sentiment-amid-bullish-predictions/
