Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
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The price of Ether (
The delta skew flirted with the bearish 10% level on Feb. 14, signaling stress from professional traders. That is a stark contrast from late January when the 25% skew index hovered near 2% — indicating similar upside and downside risks.
Ultimately, both options and futures markets point to pro traders moving to a neutral-to-bearish sentiment, displaying moderate discomfort after the $1,700 price rejection.
Consequently, the odds favor Ether bears because the hostile regulatory environment tends to amplify the adverse effects of FUD — whether or not it directly impacts the Ethereum network’s adoption and use cases.
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