Етхереум (ETH) remains the center of attraction for the сектор криптовалута Уочи Спајање надоградње as a section of the market bets on the asset to sustain a буллисх momentum after the update. However, it appears some inventors are preparing for a possible price correction post-Merge.
Нарочито, деривати markets indicate that traders are going for опције позива projecting a rally in advance before the September upgrade, while фјучерси and options indicate investors expect the value to drop after in a “sell-the-news” scenario, Блоомберг пријавио августа КСНУМКС.
Most specifically, the investors expect Ethereum to rise to about $2,200 from the $1,880 value recorded by press time.
Anticipation for a price pullback
Interestingly, after the Merge, which has been revised to around September 15, there is a trend for demand for downside protection. It can therefore be concluded that some investors are speculating a downward momentum post-Merge.
“Post Merge, the left tail is pricing in significantly higher implied volatility, indicating traders are paying a premium for ‘sell-the-news’ put-option protection post-Merge,” Glassnode analysts said.
It is worth noting that there has been a level of uncertainty regarding Ethereum’s price action after the Merge, although the crypto has rallied since the initial announcement. Notably, as пријавио by Finbold, Ethereum co-founder Vitalik Buterin confirmed that the date had been revised to around September 15.
У овој линији, а крипто трговање expert by the Twitter username of Рагер верује that due to the revision of the Merge, Ethereum might record some pullback before climbing. This is after speculation emerged that there may be a week of error surrounding the exact target date.
Additionally, the anticipation around the software upgrade had resulted in Ethereum’s options open interest hitting a high $6.6 billion in return, flipping Bitcoin (BTC) по први пут.
Other effects of the Merge
Elsewhere, Marc Zeller, head of developer relations at Ааве, warned about some of the potential overlooked effects of the Merge. According to Zeller:
“The second the Merge happens, there will be front-running bots that will instantly find every block of POW to empty liquidity pools of Uniswap and others on EthereumPOW,” he said. “The goal is to sell as many tokens as they can — to get as many EthPOW — the only asset on EthereumPOW chain that may have some kind of value.”
It is worth noting that not all Ethereum community members are in support of the upgrade. There are speculations that disgruntled developers might fork Ethereum to retain the Proof-of-Work (ПоВ) статус.
However, Buterin has exuded confidence that a fork will not significantly impact Ethereum while calling on miners to migrate to other Proof-of-Work convenient and friendly assets, Ethereum Classic (ETC).
odricanje: Садржај на овом сајту не треба сматрати саветом за инвестирање. Улагање је шпекулативно. Када инвестирате, ваш капитал је у опасности.
Source: https://finbold.com/derivatives-data-hint-ethereum-rally-may-abruptly-end-in-a-sell-the-news-event/