• bitcoinBitcoin (BTC) $ 118,006.00
  • ethereumEthereum (ETH) $ 3,429.49
  • xrpXRP (XRP) $ 3.25
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 717.22
  • solanaSolana (SOL) $ 176.08
  • usd-coinUSDC (USDC) $ 0.999767
  • dogecoinDogecoin (DOGE) $ 0.214465
  • staked-etherLido Staked Ether (STETH) $ 3,419.93
  • tronTRON (TRX) $ 0.312094
  • cardanoCardano (ADA) $ 0.816473
  • hyperliquidHyperliquid (HYPE) $ 46.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,844.00
  • stellarStellar (XLM) $ 0.469125
  • wrapped-stethWrapped stETH (WSTETH) $ 4,140.14
  • suiSui (SUI) $ 4.00
  • chainlinkChainlink (LINK) $ 17.06
  • hedera-hashgraphHedera (HBAR) $ 0.246788
  • bitcoin-cashBitcoin Cash (BCH) $ 495.50
  • avalanche-2Avalanche (AVAX) $ 22.86
  • wrapped-eethWrapped eETH (WEETH) $ 3,672.00
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • leo-tokenLEO Token (LEO) $ 8.82
  • the-open-networkToncoin (TON) $ 3.23
  • wethWETH (WETH) $ 3,425.79
  • litecoinLitecoin (LTC) $ 99.51
  • usdsUSDS (USDS) $ 0.999781
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 45.00
  • polkadotPolkadot (DOT) $ 4.21
  • moneroMonero (XMR) $ 337.71
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 118,018.00
  • pepePepe (PEPE) $ 0.000014
  • bitget-tokenBitget Token (BGB) $ 4.73
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  • ethena-usdeEthena USDe (USDE) $ 1.00
  • aaveAave (AAVE) $ 321.85
  • bittensorBittensor (TAO) $ 426.06
  • daiDai (DAI) $ 0.999911
  • crypto-com-chainCronos (CRO) $ 0.111107
  • nearNEAR Protocol (NEAR) $ 2.79
  • pi-networkPi Network (PI) $ 0.440528
  • aptosAptos (APT) $ 5.17
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • ondo-financeOndo (ONDO) $ 0.971689
  • ethereum-classicEthereum Classic (ETC) $ 19.90
  • internet-computerInternet Computer (ICP) $ 5.64
  • jito-staked-solJito Staked SOL (JITOSOL) $ 213.23
  • bonkBonk (BONK) $ 0.000038
  • okbOKB (OKB) $ 47.53
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • mantleMantle (MNT) $ 0.756668
  • algorandAlgorand (ALGO) $ 0.291805
  • kaspaKaspa (KAS) $ 0.093542
  • ethenaEthena (ENA) $ 0.379926
  • vechainVeChain (VET) $ 0.025701
  • arbitrumArbitrum (ARB) $ 0.443496
  • usd1-wlfiUSD1 (USD1) $ 0.999406
  • cosmosCosmos Hub (ATOM) $ 4.76
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.234927
  • render-tokenRender (RENDER) $ 4.05
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,433.57
  • sei-networkSei (SEI) $ 0.357604
  • official-trumpOfficial Trump (TRUMP) $ 10.06
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.766716
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.031073
  • fasttokenFasttoken (FTN) $ 4.51
  • worldcoin-wldWorldcoin (WLD) $ 1.11
  • susdssUSDS (SUSDS) $ 1.06
  • gatechain-tokenGate (GT) $ 16.04
  • pump-funPump.fun (PUMP) $ 0.005187
  • filecoinFilecoin (FIL) $ 2.67
  • spx6900SPX6900 (SPX) $ 1.86
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 118,106.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 186.96
  • skySky (SKY) $ 0.079257
  • jupiter-exchange-solanaJupiter (JUP) $ 0.542064
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,589.25
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,901.35
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.92
  • kucoin-sharesKuCoin (KCS) $ 11.87
  • fartcoinFartcoin (FARTCOIN) $ 1.47
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998724
  • usdtbUSDtb (USDTB) $ 0.999571
  • celestiaCelestia (TIA) $ 1.95
  • usdt0USDT0 (USDT0) $ 1.00
  • injective-protocolInjective (INJ) $ 13.66
  • curve-dao-tokenCurve DAO (CRV) $ 0.969839
  • blockstackStacks (STX) $ 0.827056
  • nexoNEXO (NEXO) $ 1.32
  • xdce-crowd-saleXDC Network (XDC) $ 0.079845
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,591.73
  • story-2Story (IP) $ 4.32
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,680.55
  • flare-networksFlare (FLR) $ 0.018219
  • flokiFLOKI (FLOKI) $ 0.000131
  • sonic-3Sonic (S) $ 0.387517
  • optimismOptimism (OP) $ 0.709583
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.83
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,706.89
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,608.76
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,890.00
  • dogwifcoindogwifhat (WIF) $ 1.09
  • immutable-xImmutable (IMX) $ 0.555453
  • the-graphThe Graph (GRT) $ 0.105521
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999355
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 198.13
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,732.00
  • kaiaKaia (KAIA) $ 0.161418
  • wbnbWrapped BNB (WBNB) $ 716.08
  • pax-goldPAX Gold (PAXG) $ 3,334.60
  • clbtcclBTC (CLBTC) $ 120,906.00
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.63
  • iotaIOTA (IOTA) $ 0.228197
  • vaultaVaulta (A) $ 0.561259
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.60
  • msolMarinade Staked SOL (MSOL) $ 230.40
  • theta-tokenTheta Network (THETA) $ 0.847724
  • paypal-usdPayPal USD (PYUSD) $ 0.999299
  • lido-daoLido DAO (LDO) $ 0.934196
  • galaGALA (GALA) $ 0.018400
  • tether-goldTether Gold (XAUT) $ 3,326.24
  • jasmycoinJasmyCoin (JASMY) $ 0.016810
  • raydiumRaydium (RAY) $ 2.94
  • aerodrome-financeAerodrome Finance (AERO) $ 0.908962
  • the-sandboxThe Sandbox (SAND) $ 0.318477
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,663.48
  • super-oethSuper OETH (SUPEROETH) $ 3,427.88
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.75
  • pyth-networkPyth Network (PYTH) $ 0.126855
  • saros-financeSaros (SAROS) $ 0.276587
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,616.80
  • zcashZcash (ZEC) $ 43.89
  • ousgOUSG (OUSG) $ 111.82
  • pendlePendle (PENDLE) $ 4.19
  • tezosTezos (XTZ) $ 0.654396
  • bittorrentBitTorrent (BTT) $ 0.00000070
  • jito-governance-tokenJito (JTO) $ 1.90
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998806
  • morphoMorpho (MORPHO) $ 2.07
  • chain-2Onyxcoin (XCN) $ 0.019082
  • tbtctBTC (TBTC) $ 117,741.00
  • falcon-financeFalcon USD (USDF) $ 0.999960
  • flowFlow (FLOW) $ 0.403311
  • walrus-2Walrus (WAL) $ 0.464223
  • heliumHelium (HNT) $ 3.43
  • mog-coinMog Coin (MOG) $ 0.000002
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • memecoreMemeCore (M) $ 0.381818
  • decentralandDecentraland (MANA) $ 0.319470
  • based-brettBrett (BRETT) $ 0.061240
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,426.41
  • newton-projectAB (AB) $ 0.008790
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,705.00
  • usual-usdUsual USD (USD0) $ 0.997487
  • bitcoin-svBitcoin SV (BSV) $ 28.53
  • thorchainTHORChain (RUNE) $ 1.63
  • telcoinTelcoin (TEL) $ 0.006212
  • usddUSDD (USDD) $ 1.00
  • coredaoorgCore (CORE) $ 0.551027
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 118,140.00
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.215815
  • wrapped-hypeWrapped HYPE (WHYPE) $ 46.04
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009358
  • ether-fiEther.fi (ETHFI) $ 1.30
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,423.53
  • stader-ethxStader ETHx (ETHX) $ 3,648.31
  • apecoinApeCoin (APE) $ 0.670414
  • beldexBeldex (BDX) $ 0.073194
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  • starknetStarknet (STRK) $ 0.142593
  • conflux-tokenConflux (CFX) $ 0.099763
  • savings-daiSavings Dai (SDAI) $ 1.16
  • tokenize-xchangeTokenize Xchange (TKX) $ 6.31
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,787.59
  • build-onBUILDon (B) $ 0.494779
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  • dydx-chaindYdX (DYDX) $ 0.651514
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  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,414.89
  • staked-hypeStaked HYPE (STHYPE) $ 45.93
  • compound-governance-tokenCompound (COMP) $ 50.23
  • neoNEO (NEO) $ 6.67
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  • swethSwell Ethereum (SWETH) $ 3,747.93
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  • axie-infinityAxie Infinity (AXS) $ 2.63
  • ecasheCash (XEC) $ 0.000022
  • kaitoKAITO (KAITO) $ 1.73

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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