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❕NEWS Ethereum options are set to expire - Price increase may be halted

AudraMiller

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Over the course of the first two and half months in 2021 there has been a rapid rise in the price of ethereum and in fact if you had to quantify this rise this would be about 85% just these couple months alone. This is a major and rapid increase in price. However, there is an option contract expiry that is nearing and that is set for the 26th of March this month. This is supposedly for over 172 million dollars. Do you think that this option expiry will affect the price of Ethereum and could potentially cause a massive dip by a huge sell off?
 

Niftyicon

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I hope that even at expiry, the effect on ETH price would not be too huge especially if it were to be in the negative. The date is so close, so we just have to wait.
 

achawaskey

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The contract has already been made, and I think it would not affect the prise of ethereum because the contract might be withdrawn or reinvested.
 

Kunkun

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I hope that even at expiry, the effect on ETH price would not be too huge especially if it were to be in the negative. The date is so close, so we just have to wait.
Exactly I agree, there is little investors can do so we just have to wait and see, and make the best trading decision irrespective of the outcome
 

Wisdom01

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What is the contract all about because for now ethereum is on the bullish run i think and the price have been increasing for some days now
 

Kunkun

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Yeah the projection for now is the 2k mark and it's close to that already so maybe with time it could reach the mark and even extend the market prediction
What is the contract all about because for now ethereum is on the bullish run i think and the price have been increasing for some days now
 

BullyMaguire

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I think the team behind Ethereum is really active so im sure there's nothing to worry about. Before it happen im sure they already have some plans for that event
 

AudraMiller

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I hope that even at expiry, the effect on ETH price would not be too huge especially if it were to be in the negative. The date is so close, so we just have to wait.
I think a drop in the price however could be a very good thing and it could even reach a value where even more investment is promoted into this coin which would result in another bull run as well. It will provide potential investors with a great opportunity.
 

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I think a drop in the price however could be a very good thing and it could even reach a value where even more investment is promoted into this coin which would result in another bull run as well. It will provide potential investors with a great opportunity.
You are right about that, which ultimately translates to the fact that there is no reason to worry because a dip in price would only bring in more investments.
 

AudraMiller

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You are right about that, which ultimately translates to the fact that there is no reason to worry because a dip in price would only bring in more investments.
Yes it is likely that a dip in the price will bring in more investors however for those that are trading from a day-to-day basis it may be a good idea to sell off the coins that they have and repurchase the coins at a lower price. But for long-term Traders this won't be a problem.
 

Josemendez

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Over the course of the first two and half months in 2021 there has been a rapid rise in the price of ethereum and in fact if you had to quantify this rise this would be about 85% just these couple months alone. This is a major and rapid increase in price. However, there is an option contract expiry that is nearing and that is set for the 26th of March this month. This is supposedly for over 172 million dollars. Do you think that this option expiry will affect the price of Ethereum and could potentially cause a massive dip by a huge sell off?
Actually the reverse will be the case because it will cause the CIRCULATING supply to reduce thereby increasing demand on the coin .
 

Binita100

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Crypto currency is always like that the price would be halted at some certain point ,you cant keep seeing the price increase , there would be slow ?
 
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