Investor Optimism Rises Ahead Of April Pectra Upgrade

According to Odaily, recent derivatives data indicates a resurgence in investor optimism as traders prepare for a potential price recovery of Ethereum (ETH) ahead of the April Pectra upgrade. Meanwhile, Solana is experiencing downward price pressure. Nick Forster, founder of Derive.xyz, noted that Ethereum's seven-day implied volatility (IV) stands at 66%, comparable to its six-month IV, while Bitcoin's IV is significantly lower. Forster predicts a 30% chance of Ethereum's price surpassing $3,000 by the end of this quarter, an increase from last week's 28% probability.