Ethereum Bulls Expected To Earn $ 130 Million On ETH Options Despite Two-Week Slump By Cointelegraph

Ether (ETH) Investors have no reason to complain after the 344% gains accrued in 2021 through November 24. Still, analysts fear the November 19 stress test of $ 4,000 may form a descending channel that targets $ 3,600 by mid-December, an 18%. correction from current price of $ 4,400.

Despite superior performance (BTC) by 16% in the last month alone and with the pair hitting 10-week highs, Ether appears to be struggling with its own success.

Ether / USD price on Bitstamp. Source: TradingView
Ether options group together interest open for November 26. Source: Coinglass

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