This bullish Ethereum options trade targets $3.1K ETH price with zero liquidation risk By Cointelegraph

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Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in the next couple of months is dim.

Of course, cryptocurrency traders are notoriously optimistic and it is not unusual for them to expect another $4,870 all-time high, but this seems like an unrealistic outcome.

Ether options strategy returns. Source: Deribit Position Builder