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Coin Telegraph

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Ethereum traders see limited ‘upside’ in ETH price beyond $2.6K

  • ETH options analysts suggest limited upside potential for Ethereum (ETH) price beyond $2.6K.
  • Recent data from a decentralized finance (DeFi) options protocol shows more skepticism towards ETH performance.
  • The number of Ether calls sold is almost 2.5 times higher than the calls bought, indicating capped upside potential.
  • Ether Calls Sold stood at 34.5% while Calls Bought stood at 15.5%.

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