Ethereum bulls target $2,700 ahead of $2.4B options expiry with hopes of breaking recent price range.97% of ETH put options may expire worthless if Ether holds above $2,600, impacting market dynamics.Ether's underperformance linked to increasing competition from other blockchains, while attracting institutional interest through ETFs.Weak network activity on Ethereum raises concerns about limited upside potential, amidst changing market dynamics and option strategies.