Ethereum Volatility Expected to Surge in April
- Ethereum’s implied volatility is near monthly lows: 7-day at 59% and 30-day at 45%.
- Ethereum’s forward rate is below the U.S. 5% treasury bill rate, indicating weak near-term confidence.
- There is a 30% chance Ethereum will fall below $1,800 by the end of May, and a 19% chance it will exceed $2,500.
- Ethereum experienced $86 million in outflows last week compared to Bitcoin’s $724 million inflows.
Despite low volatility levels with Ethereum’s implied volatility at monthly lows (7-day: 59%, 30-day: 45%), there are predictions of increased volatility starting in April. Ethereum saw significant outflows of $86 million last week, contrasting with Bitcoin’s inflows of $724 million.
Source (2.6)https://decrypt.co/311608/ethereum-volatility-surge-april-derive-bearish-sentiment-shift?rand=52368