• bitcoinBitcoin (BTC) $ 108,918.00
  • ethereumEthereum (ETH) $ 4,453.84
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.81
  • bnbBNB (BNB) $ 865.33
  • solanaSolana (SOL) $ 204.57
  • usd-coinUSDC (USDC) $ 0.999806
  • staked-etherLido Staked Ether (STETH) $ 4,443.76
  • dogecoinDogecoin (DOGE) $ 0.216576
  • tronTRON (TRX) $ 0.342938
  • cardanoCardano (ADA) $ 0.822673
  • wrapped-stethWrapped stETH (WSTETH) $ 5,382.74
  • chainlinkChainlink (LINK) $ 23.56
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,799.39
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 109,234.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 45.03
  • wrapped-eethWrapped eETH (WEETH) $ 4,774.20
  • suiSui (SUI) $ 3.29
  • stellarStellar (XLM) $ 0.356911
  • bitcoin-cashBitcoin Cash (BCH) $ 547.95
  • avalanche-2Avalanche (AVAX) $ 23.82
  • crypto-com-chainCronos (CRO) $ 0.296346
  • wethWETH (WETH) $ 4,453.86
  • hedera-hashgraphHedera (HBAR) $ 0.222622
  • leo-tokenLEO Token (LEO) $ 9.62
  • litecoinLitecoin (LTC) $ 110.02
  • the-open-networkToncoin (TON) $ 3.18
  • usdsUSDS (USDS) $ 0.999640
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,970.00
  • whitebitWhiteBIT Coin (WBT) $ 42.53
  • uniswapUniswap (UNI) $ 9.74
  • polkadotPolkadot (DOT) $ 3.79
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.56
  • moneroMonero (XMR) $ 264.81
  • aaveAave (AAVE) $ 318.90
  • daiDai (DAI) $ 0.999685
  • ethenaEthena (ENA) $ 0.662217
  • pepePepe (PEPE) $ 0.000010
  • mantleMantle (MNT) $ 1.17
  • okbOKB (OKB) $ 174.48
  • ethereum-classicEthereum Classic (ETC) $ 20.96
  • bittensorBittensor (TAO) $ 320.09
  • jito-staked-solJito Staked SOL (JITOSOL) $ 251.18
  • nearNEAR Protocol (NEAR) $ 2.41
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.284330
  • aptosAptos (APT) $ 4.30
  • pi-networkPi Network (PI) $ 0.365920
  • ondo-financeOndo (ONDO) $ 0.908550
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,455.26
  • arbitrumArbitrum (ARB) $ 0.506806
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • internet-computerInternet Computer (ICP) $ 4.81
  • story-2Story (IP) $ 8.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 218.90
  • kaspaKaspa (KAS) $ 0.085121
  • cosmosCosmos Hub (ATOM) $ 4.52
  • vechainVeChain (VET) $ 0.024444
  • algorandAlgorand (ALGO) $ 0.234742
  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,076.26
  • gatechain-tokenGate (GT) $ 16.94
  • susdssUSDS (SUSDS) $ 1.07
  • fasttokenFasttoken (FTN) $ 4.52
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.43
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,677.59
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029617
  • kucoin-sharesKuCoin (KCS) $ 14.52
  • render-tokenRender (RENDER) $ 3.47
  • worldcoin-wldWorldcoin (WLD) $ 0.896950
  • bonkBonk (BONK) $ 0.000023
  • official-trumpOfficial Trump (TRUMP) $ 8.69
  • sei-networkSei (SEI) $ 0.289342
  • bfusdBFUSD (BFUSD) $ 0.999278
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,688.82
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 45.16
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.622001
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,808.44
  • filecoinFilecoin (FIL) $ 2.30
  • jupiter-exchange-solanaJupiter (JUP) $ 0.500102
  • flare-networksFlare (FLR) $ 0.021575
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 109,023.00
  • skySky (SKY) $ 0.064566
  • usdtbUSDtb (USDTB) $ 1.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999814
  • xdce-crowd-saleXDC Network (XDC) $ 0.079139
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,708.74
  • falcon-financeFalcon USD (USDF) $ 0.999884
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,788.76
  • hash-2Provenance Blockchain (HASH) $ 0.027277
  • tether-goldTether Gold (XAUT) $ 3,460.39
  • injective-protocolInjective (INJ) $ 12.94
  • optimismOptimism (OP) $ 0.702186
  • celestiaCelestia (TIA) $ 1.63
  • nexoNEXO (NEXO) $ 1.23
  • pump-funPump.fun (PUMP) $ 0.003404
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 232.19
  • wbnbWrapped BNB (WBNB) $ 865.52
  • paypal-usdPayPal USD (PYUSD) $ 0.999862
  • fourFour (FORM) $ 3.05
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997945
  • memecoreMemeCore (M) $ 0.685346
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 109,062.00
  • blockstackStacks (STX) $ 0.631028
  • lido-daoLido DAO (LDO) $ 1.21
  • spx6900SPX6900 (SPX) $ 1.16
  • curve-dao-tokenCurve DAO (CRV) $ 0.774321
  • pyth-networkPyth Network (PYTH) $ 0.187986
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999882
  • aerodrome-financeAerodrome Finance (AERO) $ 1.16
  • sonic-3Sonic (S) $ 0.316735
  • super-oethSuper OETH (SUPEROETH) $ 4,453.84
  • immutable-xImmutable (IMX) $ 0.518818
  • conflux-tokenConflux (CFX) $ 0.191713
  • pax-goldPAX Gold (PAXG) $ 3,463.29
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.12
  • raydiumRaydium (RAY) $ 3.54
  • msolMarinade Staked SOL (MSOL) $ 270.08
  • the-graphThe Graph (GRT) $ 0.090082
  • saros-financeSaros (SAROS) $ 0.346784
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 109,184.00
  • flokiFLOKI (FLOKI) $ 0.000094
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,431.90
  • kaiaKaia (KAIA) $ 0.148586
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,311.71
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.48
  • clbtcclBTC (CLBTC) $ 108,624.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,452.06
  • dogwifcoindogwifhat (WIF) $ 0.801889
  • theta-tokenTheta Network (THETA) $ 0.792408
  • pendlePendle (PENDLE) $ 4.66
  • fartcoinFartcoin (FARTCOIN) $ 0.783799
  • vaultaVaulta (A) $ 0.491951
  • iotaIOTA (IOTA) $ 0.192705
  • tezosTezos (XTZ) $ 0.725882
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.78
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.13
  • galaGALA (GALA) $ 0.016408
  • ousgOUSG (OUSG) $ 112.39
  • build-onBUILDon (B) $ 0.727686
  • jito-governance-tokenJito (JTO) $ 1.91
  • jasmycoinJasmyCoin (JASMY) $ 0.014569
  • ripple-usdRipple USD (RLUSD) $ 1.00
  • flowFlow (FLOW) $ 0.432262
  • loaded-lionsLoaded Lions (LION) $ 0.022612
  • the-sandboxThe Sandbox (SAND) $ 0.281288
  • newton-projectAB (AB) $ 0.009137
  • stader-ethxStader ETHx (ETHX) $ 4,760.81
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997329
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • zcashZcash (ZEC) $ 41.35
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,788.88
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,457.24
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • morphoMorpho (MORPHO) $ 1.94
  • tbtctBTC (TBTC) $ 108,641.00
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,894.55
  • swethSwell Ethereum (SWETH) $ 4,816.85
  • usual-usdUsual USD (USD0) $ 0.998009
  • decentralandDecentraland (MANA) $ 0.292952
  • beldexBeldex (BDX) $ 0.076001
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.217094
  • global-dollarGlobal Dollar (USDG) $ 0.999647
  • walrus-2Walrus (WAL) $ 0.389023
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,975.00
  • vision-3Vision (VSN) $ 0.165801
  • bitcoin-svBitcoin SV (BSV) $ 26.16
  • ether-fiEther.fi (ETHFI) $ 1.09
  • syrupMaple Finance (SYRUP) $ 0.453527
  • frax-etherFrax Ether (FRXETH) $ 4,420.61
  • true-usdTrueUSD (TUSD) $ 0.998141
  • starknetStarknet (STRK) $ 0.128034
  • heliumHelium (HNT) $ 2.59
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,456.17
  • neoNEO (NEO) $ 6.76
  • based-brettBrett (BRETT) $ 0.047780
  • dydx-chaindYdX (DYDX) $ 0.608865
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,168.00
  • apecoinApeCoin (APE) $ 0.569369
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 225.61
  • apenftAPENFT (NFT) $ 0.00000045
  • coredaoorgCore (CORE) $ 0.443280
  • usddUSDD (USDD) $ 0.999774
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007370
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999702
  • telcoinTelcoin (TEL) $ 0.004710
  • sun-tokenSun Token (SUN) $ 0.022724
  • savings-daiSavings Dai (SDAI) $ 1.16
  • zksyncZKsync (ZK) $ 0.059711
  • thorchainTHORChain (RUNE) $ 1.20
  • dexeDeXe (DEXE) $ 7.42
  • axie-infinityAxie Infinity (AXS) $ 2.54
  • instadappFluid (FLUID) $ 6.24
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999802
  • arweaveArweave (AR) $ 6.44

Ethereum Option Trader Big Bet, $3,000 Target on Radar

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Ethereum Option Trader Big Bet, $3,000 Target on Radar

Story Highlights

  • Ethereum options traders have bought over 20,000 contracts targeting the $3,000 level.

  • ETH could soar by 20% to the $2,900 level if it closes a daily candle above the $2,470 level.

  • ETH is trading near the $2,407 level and has experienced a price decline of over 1%.

The recent data from QCP Capital has gained massive attention from crypto traders, especially Ethereum traders, as it suggests that Ether is poised for a significant upside rally before December 2024. According to the data, Ethereum options traders have bought over 20,000 contracts targeting the $3,000 level, set to expire on December 27, 2024.

Ethereum Option Traders Hope for $3,000

It appears that Ether option traders are speculating that the ETH price will rally to the $3,000 psychological level by December 27, 2024. This latest data sparked hope among traders and investors that there is a high possibility that ETH could hit the $3,000 level.

Ethereum has been in a downtrend since July 23, 2024, following the approval of spot Ethereum Exchange Traded Funds (ETFs) in the United States. Since then, it has experienced a price decline of over 30%, dropping from $3,500 to $2,400. Additionally, it has been in a range-bound between the $2,840 and $2,200 levels since August 2024.

Ethereum Technical Analysis and Key Levels

Despite the market downtrend, expert technical analysis hints that the current state of ETH is quite bullish. Recently it experienced a breakout of a descending trendline, successfully retested the breakout level, and is now poised for a massive rally. In addition to the trendline breakout, ETH has also breached its $2,400 resistance level.

Ethereum Option Trader Big Bet, $3,000 Target on Radar

Source; Trading View

Based on the historical price momentum, if ETH closes a daily candle above the $2,470 level there is a strong possibility it could soar by 20% to the $2,900 level.

Current Price Momentum

As of writing, Ether is trading near the $2,407 level and has experienced a price decline of over 1% in the last 24 hours. During the same period, its trading volume dropped by 25%, indicating lower participation and potential fear among traders and investors.

Source

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