Nansen analyst: ETH options market tends to be bullish, indicating that investors are cautiously optimistic about medium-term appreciation

according to CoinGlass data, as of UTC time 10:35 on February 16th, more than 70% of ETH options open contracts are call options. Nansen research analyst Nicolai Sondergaard stated that the call positions indicate that investors are cautiously optimistic about the mid-term appreciation of ETH. However, although ETH has not shown a clear recovery in the current cycle, the price is still about 44% lower than the historical high of over $4,890 set three years ago (November 2021).