Ethereum traders are positioning with more optimism than their Bitcoin counterparts, options data shows.
Despite a broadly cautious investor stance, the divergence suggests that traders see less immediate downside risk for the second-largest crypto by market cap than for Bitcoin.
That outlook aligns with recent spot price performance.
Ethereum is trading just above $3,100, down around 2% over the past 24 hours, according to CoinGecko data. Its year-to-date performance of -3% is slightly better than Bitcoin's -6%, though both **** ets have declined by double-digits since October, with Ethere