Greeks.live: Option data shows that the implied volatility of ETH remains high, with significantly higher bullish sentiment than bearish sentiment.

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According to the TechFlow news on November 27, Greek.live researcher Adam stated that BTC has been adjusting below $100,000 for multiple days, while ETH has forcefully broken through the key level of $3,500. This shift in market focus from BTC to ETH has drawn attention, and the rise of ETH has also led to a overall recovery of altcoins.

From the options data, it can be seen that this week, the short-term option IV of BTC has rebounded significantly, while ETH has been maintaining at a high level of over 80%, and there is a faint breakthrough trend. The IV difference between the two has exceeded 20%. At the same time, it is observed that the enthusiasm for bullish ETH is significantly higher than bearish, considering the above situation, the options market currently believes that ETH has a higher potential for an upward breakout, and it is worth buying for a bullish view.

ETH8.03%
BTC0.64%
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