Analysts: Recently, the implied volatility of Ethereum call options is higher than that of Bitcoin, and derivatives market participants expect the price of ETH to rise

ChainCatcher news, analysts indicate that Ethereum options open interest is predominantly in call options, reflecting traders' expectations for ETF trading. Recently, the implied volatility of Ethereum call options has been higher than that of Bitcoin, suggesting that derivatives market participants expect Ethereum prices to rise.

QCP Capital analysts added, "The front-end volatility of Ethereum may still be 15-20 vol points higher than that of Bitcoin, and Ethereum's bias may still favor call options. However, a potential breakout in Ethereum prices will have to wait until the S-1 approval becomes clearer."