Ethereum Options Show More Optimism Than Bitcoin

Ethereum traders appear more optimistic than Bitcoin traders, as indicated by recent options data. Despite both cryptocurrencies experiencing declines since October, Ethereums ninety-day skew is more bullish than Bitcoins, suggesting less immediate risk for Ethereum. Signals also point to a decrease in bearish sentiment for Ethereum, with a brief positive put-call skew observed recently. This technical positioning suggests a market cautiously reducing the probability of a significant downturn for Ethereum.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.