$ETH AND THE DANGEROUS TRAP AHEAD (P2) !!!
Second is the data perspective from the Options market.
- The current area of $ETH's 3k7 mark is the realized price area with the strongest volatility from many expectations and different maturity dates.
- In other words, once we leave this fighting zone, it will be a very strong increase or a very sharp decrease. "So, faced with the risk of such strong fluctuations, what should Whale positions bet on?"
- Right at the time $ETH galloped, there were 2 Option positions opened with expiration on May 31, with the maturity value of both being more than 250m$.
- They expect that $ETH will rise above the $3720 mark. Because only when they pass this milestone will they start to make a profit. And the peak profit mark will be somewhere around the 4100-4200 mark.
-> Whale is setting up for a push.