Traders have reached a strong consensus on being bearish on ETH, but bullish on BTC

ChainCatcher message, Greeks.Live macro researcher Adam posted that the community has reached a strong consensus on being bearish on ETH, believing that its upside potential above $4100 is limited and there is a possibility of a significant decline. Traders are actively selling ETH put and call options, betting that it will continue to be weak and range-bound.

In contrast, the market is showing a bullish outlook for Bitcoin, with $115,000 seen as a trigger point for a significant rise.