The key metrics for Bitcoin and Ethereum options show that traders are extremely optimistic
In the past few days, (BTC) Price has left ether behind (ETH) by almost 20%. Although BTC is apparently struggling to break the $ 18,800 barrier, both cryptocurrencies have seen the same uptrend according to data from derivatives markets.
and at Bitstamp. Source: Digital Assets Data
Ether is enter a parabolic rally As the Eth2 network continues to launch, this optimism is reflected in the options markets. Despite the lack of similar price action from BTC, Bitcoin traders appear to be unfazed, and data shows they are still extremely optimistic.
ETH 1 month future contract premium. Source: SkewBTC 1 Month Future Contract Premium. Source: SkewETH 3-Month Futures Contracts 25% Delta Skew. Source: SkewBTC 3 Month Futures Contracts 25% Delta Offset. Source: SkewBTC / USD 2-hour chart. Source: TradingView
Read on on Coin Telegraph
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading loss you may incur as a result of using this information.
Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.