CME Ether futures volume surpasses Bitcoin for the first time, signaling the onset of a 'Supercycle'.

Source: TokenPost Original Title: CME Ethereum ( ETH ) futures, trading volume surpasses Bitcoin ( BTC ) for the first time… Signal of entering a 'super cycle' Original Link: The futures trading volume of Ethereum( (ETH)) at the CME( in Chicago, USA, has surpassed that of Bitcoin) (BTC(). This signals a rapid shift in the center of the cryptocurrency derivatives market, with observations indicating that Ethereum is entering the long-awaited 'super cycle'.

In a recent video released by CME, Director Priyanka Jain diagnosed that the volatility of Ethereum options is currently higher than that of Bitcoin options. Generally, high volatility dampens trader participation, but this time the opposite result has been observed. The sharp rise in Ethereum options prices has instead stimulated an influx of traders, thereby strengthening the activity in Ethereum futures trading.

The director said, “Such soaring volatility has attracted traders to the CME Ethereum futures market like a powerful magnet,” and added, “Whether this trend marks the beginning of Ethereum's super cycle or is merely a 'chasing trade' due to short-term volatility remains to be seen.”

The market transition of Ethereum has been particularly pronounced since last July. The phenomenon known as 'flippening)' temporarily occurred, where the number of open Ethereum futures contracts on exchanges surpassed that of Bitcoin. This represents a historic change first observed on the CME.

So far, Bitcoin and Micro Bitcoin futures account for the largest share of the total trading volume based on dollars. However, Director Zain analyzed that market interest and participation in Ethereum-based products are rapidly increasing when viewed from a broader perspective.

The market is paying attention to whether this trend of Ethereum is a short-term rebound or if a structural shift is actually occurring, centered around institutional investors. If volatility and trading volume continue in the coming months, there are also assessments that Ethereum could become the starting point for changing the existing trend centered around Bitcoin.

Market Interpretation

The fact that Ethereum futures have surpassed Bitcoin on CME suggests that market participants are paying attention to Ethereum as a new leading asset. Signs of change can be seen in the flow of institution-centered derivatives.

Strategic Points

It is necessary to periodically check the derivatives trading indicators related to Ethereum and to carefully observe the volatility of Ethereum prices and the changes in the scale of futures and options trading accordingly.

Terminology Review

Flippening(flippening): The phenomenon where Ethereum surpasses Bitcoin in certain metrics. It is mainly used in terms of market capitalization, trading volume, and the number of futures contracts initiated.

Super Cycle(super-cycle): A phenomenon in which a specific asset enters a long-term and structural upward trend in the market. Refers to a growth cycle that can last for several years.