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 exceeded the key point of $3,500. This has gradually shifted market attention from BTC to ETH, and the rise of ETH has also driven the rise of copycats. The overall recovery of the currency.
Judging from the option data, the short-term option IV of BTC rose sharply and fell significantly this week, while ETH has remained at a high of more than 80%, and is showing a faint breakthrough trend. The IV difference between the two has exceeded 20%. At the same time, it is observed that the popularity of ETH's bullish trend is significantly higher than that of the bearish trend. Based on the above situation, the options market currently believes that ETH's rise is more explosive.