EPISODE · Jan 31, 2024 · 30 MIN
Is ETH ready to resume the rally? #03
from Crypto Options Unplugged · host Deribit Exchange
In this podcast episode, Imran and David discuss the continuation of Bitcoin ETF inflows that has helped catalyse the 10% bounce in the last week. David explains recent macro developments and why he holds the view that the Federal Reserve will cut rates in March , a move that will support crypto markets for the rest of the year. Imran questions whether ETH option dealer positioning will prove to be a resistance to strong gains in the near-term, as BTC once again leads the optimism in the space. They both still agree that ETH has the potential to vastly outperform Bitcoin this year, but short term option dynamics could be a headwind despite some analyst calling for an ETF approval by 23 May.
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Is ETH ready to resume the rally? #03
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