The crypto community is experiencing market fatigue, with concerns that volatility may decrease for the remainder of the year. Traders have noted Ethereum's (ETH) relative underperformance compared to Bitcoin (BTC), prompting some to adjust their positions using options strategies.
In response to ETH's weaker performance, traders are selling ETH call options, particularly monitoring the 4800 call option level. Due to concerns over event risks, some positions have already been closed. Market participants are focusing on low-volatility strategies as they adapt to current conditions, resulting in fewer opportunities for premium gains.
Traders Adjust Strategies Amid ETH Weakness Against BTC
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