The options data indicates a bullish strength for XRP and SOL, with call options trading at premiums compared to puts. This suggests traders expect a rally, particularly for XRP amid ETF approval speculation. Meanwhile, SOL benefits from a recent successful upgrade enhancing its blockchain capabilities.
In contrast, BTC and ETH show bearish trends, with put options dominating their pricing. BTC is failing to break the $100,000 threshold, reflecting low trader confidence, while ETH retreats from its previous high, influenced by a poor jobs report and profit-taking by investors.
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