Bullish Outlook For Ether As Traders Speculate Potential Price Rise
The post Bullish Outlook For Ether As Traders Speculate Potential Price Rise appeared first on Coinpedia Fintech News
The Ether options open interest is currently $5,000 calls for the end of June expiry which is indicating a bullish outlook with traders as they are using call spreads between $4,000 and $5,000 to position for potential price rises. As per the latest analysis of options distribution by QCP Capital, there is a bullish outlook for Ether where traders are positioning to profit from Ether’s price possibly rising within a range from $4,000 to $5,000.
