menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Bitcoin News

>

Ethereum b...
source image

Coin Telegraph

1w

read

296

img
dot

Image Credit: Coin Telegraph

Ethereum bulls aim for $2.7K ahead of ETH’s $2.4B options expiry

  • 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.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app