Option data show: Ethereum can rise to $500 in September?

Ethereum’s price has soared in the past few weeks, reaching a two-year high of close to $440, according to Bitui data. < / P > < p > according to the data from tradingview, in the encryption derivatives market, the price of Ethereum options and futures also rose. According to the encryption media cointegraph, this may push the price of Ethereum to $500. Ethereum’s futures position surged to $25 billion in the past three months. < / P > < p > analysis points out that at present, the annualized premium rate of Ethereum’s one month futures contract is 20%, which indicates that buyers bet that Ethereum’s spot price will rise. Among the options expiring on the 25th of this month, there are 93300 call options with prices ranging from US $340 to US $880. Among them, there are more than 50000 call options at US $480. Therefore, the price of Ethereum is likely to soar. < / P > < p > the soaring price of Ethereum is due to the popularity of the defi market in the past. Decentralized exchanges and defi lending have become the most popular applications on Ethereum. < / P > < p > in addition, after bitcoin, the cryptocurrency with the highest market value, completed the third block award halving in the first half of this year, the implementation of Ethereum 2.0 has become the most concerned event in the encryption industry this year. < / P > < p > at present, the multi client test network of Ethereum 2.0 has been launched, and the main network of its phase o phase may be successfully launched before the end of this year. < / P > < p > however, vitalik buterin, co-founder of Ethereum, said that although from a technical point of view, the implementation of Ethereum 2.0 was “much more difficult than he expected”. But, “I absolutely don’t think we’ve found any fundamental flaws that make it impossible, and I do think it’s going to be done. It’s just a matter of time. It’s going on very fast recently. ” Xiaomi new machine real machine exposure center dig hole screen design or high color thousand yuan machine

Author: zmhuaxia