Ethereum's (ETH) options market continued to show a bias toward bullish positioning, with call contracts still dominating open interest. However, traders have been increasingly active in near-dated downside protection—most notably through heavy flow into the $1,200 put—highlighting renewed sensitivity to short-term drawdown risk.
UNI surged after Standard Chartered set a $100 long-term target, and HYPE and solana led a broad altcoin bid. Bitcoin held near $66,000 as oil fell to a three-month low and the Fed met for the first time under Kevin Warsh.
Cryptocurrency analyst Ali Martinez said on Tuesday that Dogecoin (CRYPTO: DOGE) may continue its upward trend, provided it does not lose key support levels. Will DOGE Sustain The Rally?
Bitcoin (BTC) options open interest climbed above $36 billion on Tuesday, underscoring sustained derivatives participation even as traders split their attention between aggressive upside bets and near-term downside protection. According to CoinGlass data as of Tuesday 00:00 UTC, total BTC options 'open interest' (OI) reached $36.03 billion, up about 0.5% from $35.85 billion a day earlier.