Ethereum (ETH) Options Not Conforming to Bullish Sentiment on the Street

Ethereum’s one-week call put skew, which measures the demand for call options against put options expiring within seven days, fell to nearly -8 on Wednesday, the lowest in more than three months and a downside to bets that the price of Ethereum will fall. Indicates preference. This gauge remains negative at press time, with one-month, two-month, and three-month skews indicating a negative outlook.