Ethereum options open interest is concentrated at the $2,200 strike price ahead of Friday's month-end expiration. According to one analyst, this could be hedging of the bull position or could indicate a short-term bearish outlook on ETH. This came as ETH traded above $3,000 for the first time since April 2022. Speculators are taking positions Continue Reading: Options Focused on a Single Price on Rising Ethereum: Analyst Evaluates Its Meaning