Ethereum Options Traders Maintain Bullish Stance Despite Recent Decline

Ethereum options traders are showing a bullish bias despite a recent decline in total open interest. According to data, call options make up 61.75% of open interest, suggesting that investors remain optimistic about higher ETH prices later this year.

The total open interest in Ethereum options has dropped by 5.64% to $4.33 billion, indicating that traders are reducing risk and taking profits rather than turning bearish.

Long-dated call options at higher strike prices indicate optimism for higher ETH prices later in 2026, while near-term trading focuses on strikes close to current prices.