ETH Rebounds, but Derivatives Traders Aren’t Buying It

[tradelikepro]

Ethereum bounced 8% on Tuesday, but the move stalled near $3,000 as futures and options markets flashed hesitation.
The ETH futures premium stayed at just 3%, signaling weak appetite for leveraged longs — even after the broader crypto market rallied on stimulus hopes.

Put options also traded at a 6% premium over calls, showing traders are still hedging for downside.
Macro is improving, liquidity is growing, stocks are ripping… yet ETH sentiment stays cautious.

[Nahid Hossen]

Markets may be pricing cuts early—O’Leary’s caution adds another perspective.