The expiration of 5 billion USD in Ether options could allow bullish traders to push the price above 5,000 USD. Recent performance shows Ether’s price increase of 22% in the last month, especially as traders prepare for Nvidia’s earnings.
Ether holds a market capitalization of 557 billion USD, ranking among the top 30 assets. Traders should keep an eye on the AI sector earnings as they influence market dynamics, with many bullish strategies well-positioned in the current market.
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