The options market shows a shift in investment sentiment towards **姨太(ETH)** as its insurance cost is higher compared to the falling price of Bitcoin(BTC). According to data from "Deribit" and "Amberdata", the premium for ETH call options(PUT) ranges from **2% to 7%**, relative to put options(CALL), reflecting investors' concerns about potential downside risks. In contrast, the premium for BTC call options is only **1% to 2.5%**, indicating stronger confidence in its stability.
This shift occurred a few weeks after large investors showed a preference for ETH. In July, ETH rose by 48%, while BTC rose by 80%, but momentum has weakened due to concerns over weak "Ethereum" network activity. Currently, ETH has dropped to $3,600(-6%), while BTC is at $114,380(-3%). Summary: ETH is facing greater selling pressure than BTC, according to options indicators. - The premium of the call options ( PUT ) reflects the expectation of a fall. - The recent pullback may be due to a lack of fundamental support for the previous ETH rise. #6 BTC全民空投限时派送中 #白宫加密报告发布
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The options market shows a shift in investment sentiment towards **姨太(ETH)** as its insurance cost is higher compared to the falling price of Bitcoin(BTC). According to data from "Deribit" and "Amberdata", the premium for ETH call options(PUT) ranges from **2% to 7%**, relative to put options(CALL), reflecting investors' concerns about potential downside risks. In contrast, the premium for BTC call options is only **1% to 2.5%**, indicating stronger confidence in its stability.
This shift occurred a few weeks after large investors showed a preference for ETH. In July, ETH rose by 48%, while BTC rose by 80%, but momentum has weakened due to concerns over weak "Ethereum" network activity. Currently, ETH has dropped to $3,600(-6%), while BTC is at $114,380(-3%).
Summary:
ETH is facing greater selling pressure than BTC, according to options indicators.
- The premium of the call options ( PUT ) reflects the expectation of a fall.
- The recent pullback may be due to a lack of fundamental support for the previous ETH rise.
#6 BTC全民空投限时派送中 #白宫加密报告发布