Ethereum Enthusiasts Anticipate Record-Breaking Price Surge
Main Idea
Ethereum's native token, Ether (ETH), is gaining significant market attention with rising trading volumes and price speculation, while retail investors show contrary trends by selling.
Key Points
1. Ether (ETH) has seen a notable rise in trading volumes, with prices speculated to reach $5,000 by the end of the quarter.
2. Investors are purchasing call options at $5,500 and $6,000 levels, indicating bullish expectations.
3. Greg Magadini, Director of Derivatives at Amberdata, predicts ETH could reach $7,200 if ETH/BTC parity hits 0.06 and BTC reaches $120,000.
4. Retail investors are selling ETH, while key players are accumulating it, highlighting a divergence in market behavior.
5. Ethereum is currently 4.4% below its November 2021 peak of $4,861, while Bitcoin has already surpassed its 2021 peak.
Description
Ether (ETH) recently gained investor attention due to a significant price rise. Options market activity shows interest in higher strike prices for future contracts. Continue Reading: Ethereum Enthusiasts Anticipate Record-Breaking Price Surge The post Ethereum Enthusiasts Anticipate Record-Breaking Price Surge appeared first on COINTURK NEWS .
Latest News
- Solana Surpasses $200: Buyers Drive Exciting Uptrend2025-08-13 12:04:36
- OKX Announces Massive Coin Burn, Boosting OKB Value Dramatically2025-08-13 08:42:13
- Spot Ethereum ETFs Attract Massive Investments, Shifting Market Sentiments2025-08-13 08:08:59
- Hackers Drain Odin.fun Platform of Millions in a Bold Bitcoin Heist2025-08-13 07:37:52
- Binance Introduces Fee-Free Trading for New BFUSD Altcoin2025-08-13 07:04:34