Golden Finance reported that according to an analysis by Adam, a macro researcher at Greeks.live, BTC has been adjusting below $100,000 for many consecutive days, while ETH has strongly exceeded the key point of $3,500. This has gradually shifted the market’s attention from BTC to ETH, and the rise of ETH. It also led to the overall recovery of altcoins. Judging from the option data, the IV of BTC short-term options has risen significantly this week, while ETH has remained at a high of more than 80%, and is showing a faint breakthrough trend. The IV difference between the two has exceeded 20%. At the same time, it is observed that the bullish trend of ETH is significantly higher than the bearish trend. Based on the above situation, the options market currently believes that the rise of ETH is more explosive.