Ether Primed for Volcanic Surge as Whales Back $6K ETH Options
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Futures markets flash green—derivatives traders just parked eight figures in bullish ETH calls. The bet? Ether smashes through $6,000 by July.
Why the frenzy? Institutional flows are creeping back into crypto, and ETH’s staking yield still beats Treasury bonds (though good luck explaining that to your CFA-holding fund manager).
Technical setup looks explosive: Liquidity pools show thin resistance above $4,200. One more push and we’re in price discovery mode—just in time for the looming ETF decision.
Caution lights blinking: Open interest at $6K strike implies maximum pain for overleveraged shorts. Either we get a gamma squeeze for the history books... or another ’crypto winter’ cautionary tale.
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