Ethereum Options Market Signals Cautious Optimism as Open Interest Climbs
Ethereum options markets indicate a reduced likelihood of surpassing conservative price targets by year-end, despite stable volatility and increased trader demand. Investor interest in options has returned, with current bets on Ethereum showing a split between retail and institutional expectations. Retail traders anticipate a price of $3,000 by month-end, while institutions target $3,500 by June. Open interest in Ethereum derivatives has risen to approximately $35 billion, reflecting a return to levels seen in December when market sentiment was more optimistic. Ethereum's price has increased about 4% over the past week, reaching around $2,647. The market displays cautious optimism as traders position themselves amid differing risk appetites.
