• bitcoinBitcoin (BTC) $ 118,386.00
  • ethereumEthereum (ETH) $ 3,820.93
  • xrpXRP (XRP) $ 3.12
  • tetherTether (USDT) $ 0.999797
  • bnbBNB (BNB) $ 795.71
  • solanaSolana (SOL) $ 178.60
  • usd-coinUSDC (USDC) $ 0.999706
  • staked-etherLido Staked Ether (STETH) $ 3,816.85
  • dogecoinDogecoin (DOGE) $ 0.219669
  • tronTRON (TRX) $ 0.327995
  • cardanoCardano (ADA) $ 0.769147
  • wrapped-stethWrapped stETH (WSTETH) $ 4,627.08
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 118,349.00
  • hyperliquidHyperliquid (HYPE) $ 44.05
  • suiSui (SUI) $ 3.81
  • stellarStellar (XLM) $ 0.415046
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,106.91
  • chainlinkChainlink (LINK) $ 17.78
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  • hedera-hashgraphHedera (HBAR) $ 0.268863
  • wrapped-eethWrapped eETH (WEETH) $ 4,095.33
  • avalanche-2Avalanche (AVAX) $ 23.39
  • wethWETH (WETH) $ 3,821.62
  • the-open-networkToncoin (TON) $ 3.53
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • litecoinLitecoin (LTC) $ 109.77
  • leo-tokenLEO Token (LEO) $ 8.93
  • usdsUSDS (USDS) $ 0.999696
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998695
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 118,385.00
  • whitebitWhiteBIT Coin (WBT) $ 44.22
  • uniswapUniswap (UNI) $ 9.79
  • polkadotPolkadot (DOT) $ 3.82
  • moneroMonero (XMR) $ 309.13
  • bitget-tokenBitget Token (BGB) $ 4.51
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • pepePepe (PEPE) $ 0.000011
  • crypto-com-chainCronos (CRO) $ 0.143630
  • ethenaEthena (ENA) $ 0.649669
  • aaveAave (AAVE) $ 270.63
  • daiDai (DAI) $ 0.999979
  • bittensorBittensor (TAO) $ 371.74
  • nearNEAR Protocol (NEAR) $ 2.65
  • ethereum-classicEthereum Classic (ETC) $ 21.44
  • pi-networkPi Network (PI) $ 0.412455
  • ondo-financeOndo (ONDO) $ 0.963567
  • aptosAptos (APT) $ 4.51
  • internet-computerInternet Computer (ICP) $ 5.43
  • okbOKB (OKB) $ 47.84
  • jito-staked-solJito Staked SOL (JITOSOL) $ 218.10
  • mantleMantle (MNT) $ 0.759344
  • kaspaKaspa (KAS) $ 0.093866
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.037435
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,816.75
  • algorandAlgorand (ALGO) $ 0.260456
  • bonkBonk (BONK) $ 0.000028
  • usd1-wlfiUSD1 (USD1) $ 0.998414
  • arbitrumArbitrum (ARB) $ 0.414118
  • gatechain-tokenGate (GT) $ 17.34
  • vechainVeChain (VET) $ 0.024006
  • cosmosCosmos Hub (ATOM) $ 4.40
  • render-tokenRender (RENDER) $ 3.91
  • fasttokenFasttoken (FTN) $ 4.59
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.217814
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • binance-staked-solBinance Staked SOL (BNSOL) $ 190.08
  • official-trumpOfficial Trump (TRUMP) $ 9.24
  • story-2Story (IP) $ 6.17
  • susdssUSDS (SUSDS) $ 1.06
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.689693
  • skySky (SKY) $ 0.084801
  • sei-networkSei (SEI) $ 0.310079
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,348.54
  • spx6900SPX6900 (SPX) $ 1.85
  • filecoinFilecoin (FIL) $ 2.48
  • flare-networksFlare (FLR) $ 0.024291
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,008.27
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 118,137.00
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.03
  • xdce-crowd-saleXDC Network (XDC) $ 0.098600
  • jupiter-exchange-solanaJupiter (JUP) $ 0.517548
  • kucoin-sharesKuCoin (KCS) $ 11.40
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,020.28
  • usdtbUSDtb (USDTB) $ 0.999654
  • curve-dao-tokenCurve DAO (CRV) $ 1.02
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,129.60
  • injective-protocolInjective (INJ) $ 14.12
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,091.02
  • usdt0USDT0 (USDT0) $ 0.999858
  • blockstackStacks (STX) $ 0.751758
  • celestiaCelestia (TIA) $ 1.80
  • nexoNEXO (NEXO) $ 1.32
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996243
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,024.40
  • optimismOptimism (OP) $ 0.701710
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999806
  • falcon-financeFalcon USD (USDF) $ 0.999434
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,870.00
  • pump-funPump.fun (PUMP) $ 0.003146
  • flokiFLOKI (FLOKI) $ 0.000114
  • sonic-3Sonic (S) $ 0.338839
  • conflux-tokenConflux (CFX) $ 0.209965
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 201.11
  • wbnbWrapped BNB (WBNB) $ 795.74
  • immutable-xImmutable (IMX) $ 0.550023
  • the-graphThe Graph (GRT) $ 0.099676
  • fartcoinFartcoin (FARTCOIN) $ 1.04
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999207
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.82
  • dogwifcoindogwifhat (WIF) $ 0.970659
  • saros-financeSaros (SAROS) $ 0.363881
  • paypal-usdPayPal USD (PYUSD) $ 0.999498
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 118,277.00
  • pax-goldPAX Gold (PAXG) $ 3,314.59
  • clbtcclBTC (CLBTC) $ 120,697.00
  • msolMarinade Staked SOL (MSOL) $ 234.44
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.78
  • kaiaKaia (KAIA) $ 0.156710
  • lido-daoLido DAO (LDO) $ 1.01
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.34
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • tezosTezos (XTZ) $ 0.815589
  • vaultaVaulta (A) $ 0.531700
  • theta-tokenTheta Network (THETA) $ 0.833070
  • super-oethSuper OETH (SUPEROETH) $ 3,820.15
  • tether-goldTether Gold (XAUT) $ 3,316.91
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,092.03
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,028.31
  • raydiumRaydium (RAY) $ 2.96
  • iotaIOTA (IOTA) $ 0.198896
  • jasmycoinJasmyCoin (JASMY) $ 0.015762
  • pendlePendle (PENDLE) $ 4.47
  • galaGALA (GALA) $ 0.016240
  • aerodrome-financeAerodrome Finance (AERO) $ 0.837622
  • the-sandboxThe Sandbox (SAND) $ 0.288460
  • pyth-networkPyth Network (PYTH) $ 0.121524
  • ousgOUSG (OUSG) $ 111.99
  • bittorrentBitTorrent (BTT) $ 0.00000070
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997750
  • tbtctBTC (TBTC) $ 118,070.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,822.15
  • jito-governance-tokenJito (JTO) $ 1.82
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,821.79
  • zcashZcash (ZEC) $ 38.36
  • flowFlow (FLOW) $ 0.383936
  • stader-ethxStader ETHx (ETHX) $ 4,066.47
  • newton-projectAB (AB) $ 0.008447
  • morphoMorpho (MORPHO) $ 1.82
  • heliumHelium (HNT) $ 3.17
  • usual-usdUsual USD (USD0) $ 0.997812
  • walrus-2Walrus (WAL) $ 0.416723
  • ripple-usdRipple USD (RLUSD) $ 0.999695
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 118,506.00
  • usddUSDD (USDD) $ 0.999792
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,841.00
  • decentralandDecentraland (MANA) $ 0.294890
  • mog-coinMog Coin (MOG) $ 0.000001
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.219537
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  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,211.76
  • bitcoin-svBitcoin SV (BSV) $ 27.19
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  • chain-2Onyxcoin (XCN) $ 0.015399
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  • swethSwell Ethereum (SWETH) $ 4,186.41
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  • tripTrip (TRIP) $ 13.95

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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