Analysis: Funds are flowing from BTC to ETH, and derivative traders have increased confidence in ETH's recent rise

Odaily Planet Daily News: Analysts have observed that funds are shifting from BTC to ETH, and the derivatives market indicates that investors expect ETH to further rise. Last weekend, the open contract positions of ETH surged, while the implied volatility increased. The demand for call options also increased significantly, indicating that the confidence of derivative traders continues to strengthen. Wintermute analysts state that the characteristic of the shift from BTC to ETH is that the latter's implied volatility has sharply increased, and the bearish bullish bias has reached its highest level in 12 months, indicating that investors have a strong preference for the upward risk of ETH. Traders are actively driving the market higher through upward buying: "Over the past few trading days, funds have flowed into ETH, and the open contract positions on the exchange last weekend were pushed to historical highs