Greeks.live: ETH bullish sentiment is significantly higher than bearish sentiment

CoinRank News: According to an analysis by Adam, a macro researcher at Greeks.live, BTC has been adjusting below $100,000 for many consecutive days, while ETH has strongly broken through the key level of $3,500, which has gradually shifted market attention from BTC to ETH. The rise of ETH has also led to the overall recovery of altcoins. From the options data, this week BTC short-term options IV has risen sharply and then fallen back, while ETH has maintained a high level of more than 80%, and has shown a breakthrough trend. The IV difference between the two has exceeded 20%. At the same time, we have observed that the popularity of ETH bullish is significantly higher than that of bearish. Based on the above situation, the current options market believes that ETH has a higher explosive power to rise.