Ethereum is witnessing a significant increase in call option activity, reflecting a rising investor sentiment which now assigns a 30% probability to the cryptocurrency reaching $6,000 by the end of the year, a sharp rise from just 7% in early July. This change comes amid improved global economic conditions, particularly following a new trade deal between the U.S. and the EU, which has eased market tensions. Analysts note that low volatility and stable funding rates indicate that this rally is driven by genuine spot demand rather than speculative investments. Over the past weeks, Ethereum has outperformed, gaining nearly 25% since mid-July. The increasing confidence in Ethereum’s growth is echoed by experts who predict it may reach new all-time highs within the next year, with significant options market activity further indicating bullish sentiment. This trend reflects broader structural changes in the cryptocurrency market, aided by the introduction of spot Bitcoin ETFs that have made investment easier without excessive leverage.

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