CandleFocus Ethereum Option Trader Big Bet, $3,000 Target on Radar
2024-09-14
Author: Content Editor
Ethereum options traders have purchased 20,000 contracts targeting a price of $3,000, with an expiration date of December 27, 2024. This has sparked hope among traders that Ethereum could reach that level. Despite a recent downtrend in price, expert technical analysis suggests that ETH is in a bullish state, with the potential for a 20% rally if it closes above $2,470. Currently, Ethereum is trading near $2,407 and has experienced a slight price decline and decrease in trading volume.
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