Ether price under pressure as $6B in options expiry nears🔹
Ether has been stuck below $3,400 for over a month, leaving bears in control ahead of a $6 billion options expiry. Although call options outnumber puts, most bullish bets target much higher prices and are likely to expire worthless after November’s sharp drop. Bears maintain the edge unless ETH rebounds above about $3,100–$3,200, while some bearish bets could also fail if prices stay above $2,950. Overall, positioning points to continued downside pressure without a late rally.
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