Ether Targets $5K Milestone as Options Traders Go All-In on ETH’s Record-Breaking Rally

Ethereum's native token is flirting with uncharted territory—and derivatives markets are screaming 'higher.'

Options traders pile on bullish bets as ETH eyes $5,000

The smart money's positioning suggests institutional FOMO is kicking in. Open interest for calls outpaces puts 3:1 across major exchanges, with the $5K strike drawing aggressive accumulation. Market makers report gamma squeezes brewing as dealers hedge upside exposure.

Technical indicators flash overbought signals, but since when has that stopped crypto? The last resistance level before blue-sky price discovery sits at $4,850—a level that now looks more like a speed bump than a ceiling.

Of course, Wall Street's suddenly discovered 'digital gold 2.0' narrative right as their quarterly bonuses get decided. How convenient.