According to BlockBeats, on September 24, QCP released a daily report stating that in terms of cryptocurrencies, the overall bullish trend has led to a greater increase in the price of Ethereum relative to Bitcoin, with the ETH/BTC cross rate rising from 0.038 on Friday to 0.0415 today. This is a sign of a recovery in confidence in ETH, or simply due to high volatility caused by impaired liquidity.
In terms of the options market, ETH’s front-end skew has shifted from put options to call options, while ETH’s implied volatility is 9% higher than BTC, indicating market sentiment for an upside and higher expected volatility.
