Ether (ETH) struggles to stay above $3,400 for 40 days, sparking concerns of prolonged bearish control. $6B in options expire Friday, with call bets outnumbering put by 2.2 times. Bears hold advantage unless price breaks $3,100. $6B expiry may add pressure after November’s 28% crash. Bulls facing challenges despite call options dominance. Deribit and CME lead open interest in $4.1B call options. Less than 15% of calls positioned below $3,000. Bearish bets cluster between $2,200 and $2,900. Demand for bearish options strategies rises after ETH fails to reach $3,400. Possible scenarios based on price trends for year-end expiry. Below $2,900 expiry could weaken sentiment. Bulls aim for $3,100 to balance positioning.ETH options traders react to Intel’s chip manufacturing challenges in the US. Increase in bearish options strategies after reports of Nvidia halting production tests using Intel’s processes. Heightened risk perception leads traders to hedge ETH positions.ereum (ETH) price trends impact options trading strategies. Bears dominate options market as ETH struggles to surpass $3,400. Bulls face challenges despite dominance in call options. Traders anticipate key price levels for successful options outcomes. Heightened risk perception leads to increase in hedging strategies.

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