Native token of Ethereum, Ether (Eth)continues its powerful push, triggering a frantic activity on the market of the options contributed by the deribia, where traders make up bruises on more upwards.
In the past 24 hours, merchants have spent more than $ 5 million on the purchase option of $ 5,000 expired on September 26, according to data followed by Amberdata. Buyers are betting on an ethn escape greater than $ 5,000 by the end of this quarter. During the editorial staff, Ether changed hands at $ 4,670, which represents a gain of 26% for the month, according to Coindesk data.
Traders have also made calls for $ 5,500 and $ 6,000 in strikes and bull call Spreads. The OTC Paradigm technical platform declared in an update of the telegram that a market participant had raised the call for the expiration of December during the $ 7,500 strike.
According to analysts, there is a lot of rise in ether, which was late not only bitcoin, but also XRP in the definition of high records during this cycle.
“With everyone sidelines from the ETH and the feeling being completely in the discharges, there is still a lot of space for ETH to make up for it. Immediate targets are $ 5,000 (Effective New Ath territory) and about $ 7,200 (Given the mid -range eth / BTC price of 0.06 with BTC around $ 120,000)“Said Greg Magadini, director of derivatives of Amberdata, in a weekly note.
According to the analytical company of the health blockchain, the rise in power of the ETH is characterized by the persistent sale of retail traders.
“The prices are moving historically in the opposite direction of the expectations of retail traders. There was a case of extreme greed on June 16, 2025 and July 30, 2025, which led to price corrections. But the traders showed Fud and the disbelief as the asset increases and higher,” said Santiment on X.
“With the main stakeholders accumulating loose parts that small traders of $ ETH are ready to separate at the moment, the prices show very little resistance to the feelings of rupture and history in the near future,” added the company.
ETH is only 4.4% of its summit of $ 4,861 in November 2021. It’s Peer, BTC, exceeded its peak of 2021 in March from last year and has rallied in six figures since then. Throughout this period, the ETH remained linked to the beach between $ 2,000 and $ 4,000.
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