Ethereum's call option activity is witnessing a notable increase, with options markets now assigning a 30% probability of the asset reaching $6,000 by year-end, a significant increase from 7% earlier in July. This shift in investor sentiment is attributed to a recent U.S.-EU trade deal, which has improved macroeconomic stability and encouraged investment in digital assets. Following the trade agreement, Ethereum's price saw an impressive gain of 8.8%, reaching $3,900. Analysts point out the favorable trade conditions as a catalyst for heightened risk appetite among investors. The uptick in Ethereum options activity indicates a growing expectation for a price rally. Experts predict a surging demand for Ethereum, with some forecasting new all-time highs within the next year. Additionally, the price stability is reflected in low implied volatility, suggesting that investors are viewing the current rally as sustainable rather than speculative.

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