Ethereum price recently made a strong move above $2,000 and derivatives data suggests bulls are preparing to push ETH price higher. With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending…
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Risk-averse traders who believe Ethereum is in a bull trend often use the Iron Condor options strategy to limit their downside risk. Ether (ETH) has been making higher lows throughout 2021, and the current trend indicates that $1,800 might be the bottom for April. Even traders and investors who do not rely on technicals have…
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Data shows pro traders who bought the Ethereum price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful. Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early…
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Ether price is trading near a critical support level, but derivatives data suggests pro traders expect more downside in the short term. Ether (ETH) lost the $1,750 support on March 22, which marked a 7% loss and $230 million worth of futures contract liquidations. It has been holding near the strong support at $1,670, although…
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Ethereum price has been in an uptrend since the start of the year but key options indicators suggest overcoming the $2,000 level will be a challenge. To date, Ether (ETH) price has gained 85% in 2021, and options traders are still highly optimistic about the altcoin’s short-term performance. The upcoming March 26 expiry holds over…
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