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๐ "ETH options went crazy: from euphoria, through panic, to complete neutrality in 6 days!" ๐ฅ
๐ On August 22, traders were betting on a massive upside โ call options were far more expensive than puts. ๐
๐ Just three days later, on August 25, the market turned sharply โ put options rose in price, a signal for a defensive, bearish position. ๐ป
โ๏ธ By August 28, everything balanced out โ options leveled off and the market went into complete neutrality. ๐ค
โก Such a rapid change in sentiment indicates extreme uncertainty and readiness for a sharp movement in the price of ETH. ๐ช๏ธ
๐ The question is: will an explosive new dive follow? ๐
#ETH Trend Watch
#BTC vs. ETH Showdown
#Companies Expand Crypto Reserves
#Trump Removes Fed Governor Cook
#Content Mining & Earn Rich Commission