Picture of the author

Crypto Express

07/10 04:06

ETH’s Open Interest (OI) rate


Notably, at press time, ETH’s Open Interest (OI) rate jumped 7% against BTC’s -0.18%. This underscores the massive demand for ETH on the Futures market. 

Over the same period, the derivatives trading volume surged to $59 billion, about $3 billion more than BTC. If the trend continues, ETH could outperform BTC in the near term, in terms of investor returns. 

That said, the market skew for end-quarter 3 (Q3) was bullish with a Put/Call Ratio of 0.44, underscoring a premium for calls (bullish bets) over puts (bearish bets). 

Most of the bullish targets were at $2.8K and $3.2K with a max pain (potential floor price, where options contracts expire worthless) around $2K. 

Overall, ETH could still be subdued below $3K in Q3, but options traders were still betting for a potential breakout. Screenshot-2025-07-09-134021-768x468.png

#Check In to Win a 20g Gold Bar#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge#Do you think NEWT is promising?#Do you think HOME is promising?
81Bagikan

Semua Komentar0TerkiniHangat

avatar
TerkiniHangat