While the recent rises in Ethereum (ETH) carried the price to the peak of this year, the increase in volatility in the option markets did not go unnoticed.
Ethereum took off after a long stagnation and 28 December With the increase it experienced today, it reached the highest level of 2023.
On-chain analysis platform Greeks.live quoted by to data According to the report, this increase pushed the entire futures momentum to the highest level of the year, which expresses the volume volatility. DVOL index whereas April for the first time since to 70% took it out.
On the other hand, when looking at option data, “SkewIt was stated that an indicator called ” remained at low levels and did not follow the rise in Ethereum. Institutional Investors have not yetFOMO” (fear of missing out) not included in this rally emphasized.
Greeks.live end of year millions of Ethereum expiring of the optionIt was stated that the possibility of creating volatility in the market is still strong.
According to CoinGecko data, in the last 24 hours 5.1% increase Ethereum exhibiting, at the time of writing from $2,402 is being traded.