en.bitcoinsistemi.com
As the largest altcoin Ethereum lags behind Bitcoin’s (BTC) strong gains, investors’ expectations remain low.
Investors also do not believe that Ethereum will make a big rally, as investors estimate that there is a 29% chance that $ETH will reach $4,000 this year.
Deribit Asia Business Development Head Lin Chen shared on his X account that options traders predict a 29.1% probability that Ethereum will close the year above $4,000.
Lin added that the current implied volatility (IV) for $ETH options remains unusually high, indicating significant price swings over the next few days.
“In the options market, the probability of $ETH price being above 4,000 by the end of the year is 29.1%.
Ethereum's IV is extremely high and the market expects $ETH to experience major fluctuations today and tomorrow.
But on the contrary, volatility will be lower at the end of the year or next year.”
Expectations for Bitcoin to Reach $100,000 and Above Continue!
While the expectation of $100,000 continues for Bitcoin, Polymarket users think that there is a 30% probability that Bitcoin will exceed $105,000 in November.
The next highest bet for Bitcoin on decentralized prediction platform Polymarket is $110,000 with an 11% probability.
*This is not investment advice.