Ethereum is experiencing increased call option activity, suggesting a rising investor expectation for the cryptocurrency to reach $6,000 by the year's end. The probability assigned to this target has surged from 7% at the start of July to 30% now, following a U.S.-EU trade deal that has improved global risk sentiment. This favorable macroeconomic backdrop has stimulated interest in digital assets. Despite a broad liquidity increase, the crypto market shows signs of stability rather than speculative froth, with low volatility indicating a solid demand basis. Analysts observe that institutional interest in Ethereum is outperforming that in Bitcoin, primarily due to a recent influx in Ethereum ETFs. The overall crypto market sentiment has improved, reflecting a shift from a risk-averse stance, as complex market factors interplay with expectations of new monetary policies that could bolster digital asset momentum in the months ahead.

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