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Analyst: Ethereum options open interest is concentrated in the $5000 call options expiring at the end of June

2024-05-31 18:04:17

ChainCatcher news, according to The Block, QCP Capital analysts indicate that the current open interest in Ethereum options is concentrated on the $5,000 call options expiring at the end of June, suggesting a bullish sentiment in the market. Traders are preparing for a potential price increase by using call spreads between $4,000 and $5,000.

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