QCP Capital has stated on its official Telegram platform that the spot price of ETH has rebounded significantly from the early low of $3,400, with implied volatility rising to 65% in the front end. The options market also reflects optimistic sentiment, with a large amount of buying activity for top call options of different maturities observed on the trading platform.
Furthermore, despite the uncertainty surrounding the acceptance of an ETH spot ETF, if it can capture 10-20% of the Bitcoin ETF flow, it may push ETH to break through $4,000, approaching its peak of $4,800.
#QCP Capital #Ethereum #Bitcoin ETF
Source link: https://t.me/QCPbroadcast/1248
Note: All articles on Bitpush only represent the author’s opinion and do not constitute investment advice.
Original link: https://www.bitpush.news/articles/6891666
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