ETH Options Expiry Could Favor Bears
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Friday’s $6B ETH options expiry may add pressure to Ether prices. Less than 25% of call options were placed below $3,200, meaning most bullish bets risk expiring worthless if ETH fails to reclaim $3,400.
Put options clustered between $2,200 and $2,900 could benefit if Ether remains under $3,100. Traders are watching the 8:00 am UTC price closely, as outcomes could shape market sentiment into the end of the year.