According to Sean Dawson, head of research at Opti

According to Sean Dawson, head of research at Options platform Derive, an ETH surge to $4K by the end of July was already “confirmed.”

However, Deribit data showed Option traders were only pricing a 3.7% chance that ETH could hit $4K by end-July.

But the odds of $4K target being hit surged to 20% and 27% by August and September, suggesting a bullish cue for Q3.