- ETH 24-May contracts at 105 vols signal anticipation for a big move by the application deadline.
- ETH Perp funding went from 50% to flat in 12 hours, with Jun forwards still yielding 15%, possibly reflecting diminished short-term speculation but sustained medium-term bullishness.
- ETH 24 and 31 May risk reversals at -7 suggest lingering market fear of short-term downside volatility, potentially prompting tactical hedging of long ETH positions.
- Spot BTC ETF sees a 7-day inflow streak totalling nearly 1.5bn.
- Growing narrative around crypto in US elections gains traction, especially following SEC's recent shift in their stance.
Trade Idea If you missed your chance to buy ETH below 3,000, fret not! Our accumulator product enables you to buy ETH at 2900
ETH Accumulator (32 weeks, 27-Dec 24) Buy ETH at 22% discount (2,900) every Friday if spot is below 4,300