ETH/USD Daily Chart
The options market data can often provide additional relevant insights on market sentiment. The fact that ETH didn’t join in BTC solid uptrend could be partially explained that traders were not expecting the ETH prices during the 23% rally that occurred.
ETH options open interest by strike, in ETH thousands. Courtesy: Skew
Crypto Fear & Greed Index. Courtesy: Alternative.me
Image Credit: Alternative.me, Skew, Shutterstock