Study: Options data shows ETH bullish heat significantly higher than bearish
According to Greeks.live macro researcher Adam published an analysis that BTC has been adjusted below the 100,000 dollar for many consecutive days, and ETH has broken through the key point of $3,500, which has gradually shifted the market attention from BTC to ETH, and the rise of ETH has also led to the overall recovery of counterfeit products.
From the option data, this week, BTC short-term options IV rose and fell significantly, while ETH has been maintained at a high level of more than 80%, and there is a faint trend of breakthrough. The IV difference between the two has exceeded 20%. At the same time, it is observed that the bullish heat of ETH is significantly higher than that of bearish. Based on the above situation, the current options market believes that ETH's rise is more explosive.