Options Market Forecasts 48% Probability of Ethereum Surpassing $2,500 by Year-End

Source
Son Min

Summary

  • The options market forecasts a 48% probability of Ethereum surpassing $2,500 by the end of the year.
  • Lynn Chen, Deribit's Asia Business Development Manager, stated that the probability of surpassing $2,500 by the end of April is only 14.56%.
  • Based on Binance's USDT market, Ethereum is trading at $1,931, down 1.39%.

The options market indicates that Ethereum (ETH) has a 48% probability of surpassing $2,500 by the end of the year.

On the 19th (local time), Lynn Chen, Deribit's Asia Business Development Manager, stated via X, "The options market sees a 48.05% probability of Ethereum surpassing $2,500 by the end of the year," adding that "the probability of breaking $2,500 by the end of April is only 14.56%."

As of 4:58 PM, Ethereum is trading at $1,931 on Binance's USDT market, down 1.39% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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