ETH price tops $2.8K as options traders open bearish positions: Are bears wrong?


ETH price tops .8K as options traders open bearish positions: Are bears wrong?


Ether price continues to show strength at $2,800 even as some traders embrace bearish options strategies. What gives?

Key takeaways:

Traders are using bearish ETH options to hedge after Ether’s 49% rally in May.

An altcoin ETF listing season could negatively impact ETH’s market dominance and price action.

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