ETH Options Skew Turns Bullish, Traders Eye Upside

ETH options skew has flipped bullish, signaling rising demand for short-dated calls and potential price upside.

  • ETH options skew shifted bullish in the last 48 hours.
  • One-week and one-month skews show deeper negative levels.
  • Rising call demand hints at traders betting on ETH’s upside.

In the past 48 hours, Ethereum’s (ETH) options market has seen a significant shift in sentiment. The ETH options skew — which reflects the demand for calls versus puts — has turned sharply more negative, a technical sign that bullish bets are on the rise.

The one-week skew dropped from -2.4% to -7.0%, while the one-month skew moved from -5.6% to -6.1%. Although the numbers are still negative, the deepening skew indicates growing interest in short-dated call options, which typically point to traders preparing for upward price moves.

What the Negative Skew Really Means

A negative skew in the options market implies that call options are becoming more expensive relative to puts. This is often the result of increased demand for calls — contracts that profit when the price rises. In the context of Ethereum, this suggests more market participants are expecting the token to rally in the short term.

The steep drop in the one-week skew shows a strong, near-term bullish sentiment. This could be driven by technical indicators, macroeconomic factors, or upcoming Ethereum-related developments that traders are looking to capitalize on.

Short-Term Optimism Grows Around ETH

This shift in skew aligns with broader optimism seen across crypto markets recently. ETH’s price action and on-chain trends may be reinforcing this positive outlook. Traders may also be speculating on a potential breakout or reacting to increased institutional interest.

Whatever the cause, the clear message from the options market is that Ethereum bulls are stepping up — and they’re doing it fast.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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