• bitcoinBitcoin (BTC) $ 104,963.00
  • ethereumEthereum (ETH) $ 2,499.80
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 658.32
  • solanaSolana (SOL) $ 155.96
  • usd-coinUSDC (USDC) $ 0.999760
  • dogecoinDogecoin (DOGE) $ 0.191223
  • tronTRON (TRX) $ 0.271692
  • cardanoCardano (ADA) $ 0.680176
  • staked-etherLido Staked Ether (STETH) $ 2,498.77
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,759.00
  • suiSui (SUI) $ 3.29
  • hyperliquidHyperliquid (HYPE) $ 33.38
  • wrapped-stethWrapped stETH (WSTETH) $ 3,008.65
  • chainlinkChainlink (LINK) $ 13.90
  • avalanche-2Avalanche (AVAX) $ 20.68
  • stellarStellar (XLM) $ 0.265734
  • bitcoin-cashBitcoin Cash (BCH) $ 401.00
  • leo-tokenLEO Token (LEO) $ 8.44
  • the-open-networkToncoin (TON) $ 3.15
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • hedera-hashgraphHedera (HBAR) $ 0.169913
  • usdsUSDS (USDS) $ 0.999784
  • litecoinLitecoin (LTC) $ 87.62
  • wethWETH (WETH) $ 2,500.20
  • wrapped-eethWrapped eETH (WEETH) $ 2,672.29
  • moneroMonero (XMR) $ 343.74
  • polkadotPolkadot (DOT) $ 4.03
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.73
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • pi-networkPi Network (PI) $ 0.642235
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,928.00
  • whitebitWhiteBIT Coin (WBT) $ 31.09
  • daiDai (DAI) $ 0.999884
  • uniswapUniswap (UNI) $ 6.10
  • aaveAave (AAVE) $ 241.43
  • bittensorBittensor (TAO) $ 408.14
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • crypto-com-chainCronos (CRO) $ 0.105774
  • okbOKB (OKB) $ 50.01
  • aptosAptos (APT) $ 4.73
  • nearNEAR Protocol (NEAR) $ 2.42
  • jito-staked-solJito Staked SOL (JITOSOL) $ 188.14
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ondo-financeOndo (ONDO) $ 0.832031
  • internet-computerInternet Computer (ICP) $ 4.90
  • ethereum-classicEthereum Classic (ETC) $ 16.93
  • tokenize-xchangeTokenize Xchange (TKX) $ 31.38
  • susdssUSDS (SUSDS) $ 1.05
  • gatechain-tokenGate (GT) $ 19.24
  • mantleMantle (MNT) $ 0.681105
  • kaspaKaspa (KAS) $ 0.086311
  • official-trumpOfficial Trump (TRUMP) $ 11.23
  • usd1-wlfiUSD1 (USD1) $ 0.999852
  • vechainVeChain (VET) $ 0.024155
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.770263
  • render-tokenRender (RENDER) $ 3.84
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,382.00
  • cosmosCosmos Hub (ATOM) $ 4.31
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.213335
  • fasttokenFasttoken (FTN) $ 4.43
  • ethenaEthena (ENA) $ 0.306524
  • worldcoin-wldWorldcoin (WLD) $ 1.14
  • filecoinFilecoin (FIL) $ 2.54
  • algorandAlgorand (ALGO) $ 0.192582
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999005
  • arbitrumArbitrum (ARB) $ 0.338839
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.44
  • quant-networkQuant (QNT) $ 105.54
  • jupiter-exchange-solanaJupiter (JUP) $ 0.513157
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,499.49
  • celestiaCelestia (TIA) $ 2.18
  • kucoin-sharesKuCoin (KCS) $ 11.34
  • binance-staked-solBinance Staked SOL (BNSOL) $ 164.22
  • usdt0USDT0 (USDT0) $ 1.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.99
  • bonkBonk (BONK) $ 0.000017
  • flare-networksFlare (FLR) $ 0.019307
  • sonic-3Sonic (S) $ 0.395566
  • nexoNEXO (NEXO) $ 1.21
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,843.93
  • injective-protocolInjective (INJ) $ 12.01
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,613.25
  • story-2Story (IP) $ 4.10
  • fartcoinFartcoin (FARTCOIN) $ 1.13
  • blockstackStacks (STX) $ 0.736234
  • optimismOptimism (OP) $ 0.638612
  • sei-networkSei (SEI) $ 0.193237
  • immutable-xImmutable (IMX) $ 0.544034
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999773
  • xdce-crowd-saleXDC Network (XDC) $ 0.060978
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 104,788.00
  • eosEOS (EOS) $ 0.644813
  • spx6900SPX6900 (SPX) $ 1.01
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,657.43
  • curve-dao-tokenCurve DAO (CRV) $ 0.669480
  • paypal-usdPayPal USD (PYUSD) $ 0.999438
  • the-graphThe Graph (GRT) $ 0.094897
  • makerMaker (MKR) $ 1,588.39
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,619.38
  • wbnbWrapped BNB (WBNB) $ 658.24
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,756.00
  • dogwifcoindogwifhat (WIF) $ 0.860929
  • zcashZcash (ZEC) $ 52.38
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 173.51
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,626.21
  • flokiFLOKI (FLOKI) $ 0.000085
  • tether-goldTether Gold (XAUT) $ 3,319.54
  • clbtcclBTC (CLBTC) $ 104,902.00
  • dexeDeXe (DEXE) $ 14.08
  • pax-goldPAX Gold (PAXG) $ 3,325.82
  • theta-tokenTheta Network (THETA) $ 0.759778
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.34
  • lido-daoLido DAO (LDO) $ 0.832499
  • msolMarinade Staked SOL (MSOL) $ 202.53
  • jasmycoinJasmyCoin (JASMY) $ 0.015340
  • galaGALA (GALA) $ 0.016579
  • raydiumRaydium (RAY) $ 2.47
  • coredaoorgCore (CORE) $ 0.699484
  • iotaIOTA (IOTA) $ 0.181831
  • ethereum-name-serviceEthereum Name Service (ENS) $ 20.70
  • pyth-networkPyth Network (PYTH) $ 0.118450
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • walrus-2Walrus (WAL) $ 0.501505
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999941
  • ousgOUSG (OUSG) $ 111.26
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 104,402.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010578
  • the-sandboxThe Sandbox (SAND) $ 0.271677
  • bitcoin-svBitcoin SV (BSV) $ 33.22
  • pendlePendle (PENDLE) $ 4.04
  • kaiaKaia (KAIA) $ 0.108146
  • heliumHelium (HNT) $ 3.40
  • usual-usdUsual USD (USD0) $ 0.997359
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.01
  • thorchainTHORChain (RUNE) $ 1.68
  • tezosTezos (XTZ) $ 0.563525
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,500.83
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • flowFlow (FLOW) $ 0.360100
  • jito-governance-tokenJito (JTO) $ 1.69
  • ketKet (KET) $ 0.551643
  • super-oethSuper OETH (SUPEROETH) $ 2,499.65
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.10
  • saros-financeSaros (SAROS) $ 0.205567
  • based-brettBrett (BRETT) $ 0.053706
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,646.70
  • chain-2Onyxcoin (XCN) $ 0.015647
  • decentralandDecentraland (MANA) $ 0.272251
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 104,840.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,666.79
  • grassGrass (GRASS) $ 1.78
  • zebec-networkZebec Network (ZBCN) $ 0.006291
  • apecoinApeCoin (APE) $ 0.633864
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,500.23
  • true-usdTrueUSD (TUSD) $ 0.998792
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.191179
  • tbtctBTC (TBTC) $ 104,663.00
  • kaitoKAITO (KAITO) $ 1.99
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999700
  • beldexBeldex (BDX) $ 0.064036
  • kavaKava (KAVA) $ 0.422367
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004521
  • starknetStarknet (STRK) $ 0.134267
  • falcon-financeFalcon USD (USDF) $ 0.999785
  • aioz-networkAIOZ Network (AIOZ) $ 0.378207
  • aerodrome-financeAerodrome Finance (AERO) $ 0.533932
  • elrond-erd-2MultiversX (EGLD) $ 15.38
  • wrapped-hypeWrapped HYPE (WHYPE) $ 33.34
  • dydx-chaindYdX (DYDX) $ 0.547841
  • aethirAethir (ATH) $ 0.046811
  • ecasheCash (XEC) $ 0.000021
  • apenftAPENFT (NFT) $ 0.00000043
  • arweaveArweave (AR) $ 6.40
  • pumpbtcpumpBTC (PUMPBTC) $ 101,601.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007222
  • neoNEO (NEO) $ 5.87
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • eigenlayerEigenlayer (EIGEN) $ 1.34
  • axie-infinityAxie Infinity (AXS) $ 2.52
  • usdbUSDB (USDB) $ 1.00
  • build-onBUILDon (B) $ 0.403367
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 35.82
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • roninRonin (RON) $ 0.591537
  • conflux-tokenConflux (CFX) $ 0.076125
  • chilizChiliz (CHZ) $ 0.039200
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,498.28
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,700.30
  • usddUSDD (USDD) $ 1.00
  • ether-fiEther.fi (ETHFI) $ 1.14
  • deepDeepBook (DEEP) $ 0.149094
  • syrupMaple Finance (SYRUP) $ 0.346127
  • wormholeWormhole (W) $ 0.080679
  • morphoMorpho (MORPHO) $ 1.35
  • stader-ethxStader ETHx (ETHX) $ 2,642.93

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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