Kaiko: ETH may experience unstable price trends before the end of May
According to a report released this week by Kaiko Research, ETH options traders are buying both call and put options, indicating that there may be some volatility in ETH before the end of May. Analysts say that the price of ETH may become increasingly unstable before the deadline for the decision on the Ethereum exchange-traded fund this week.
Peter Chung, a research analyst at Presto, believes that the implied volatility of Bitcoin and Ether is currently the same, indicating that the market has not yet digested the expected volatility changes of Ether.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Price Analysis: Will ETH Charge Toward $3.5K or is Another Crash Incoming?
WATCH LIVE: Donald Trump to address Bitcoin 2024 conference
Quick Take Former President and current Republican candidate Donald Trump will momentarily take the stage to address the Bitcoin 2024 conference in Nashville. The former President, who had previously expressed anti-crypto views, has expressed growing support for the digital asset industry in recent weeks. His choice of Senator JD Vance as his VP candidate is also seen as a crypto-friendly move.
