Ethereum's Prospects Amid Option Expiry
As Ethereum (ETH) shows a modest increase of 0.4% on Friday, investors are keenly observing the expiration of $560 million in options, which could shift the market dynamics. With ETH Exchange-Traded Funds (ETFs) witnessing mild inflows, there's a possibility that Ethereum might recover from the recent market downturn. Some analysts suggest ETH could aim for a new all-time high, potentially reaching around $5,000. This optimism stems from improved sentiment following the market crash, which initially dampened ETF predictions.
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