Technical analysis by ClashChartsTeam about Symbol ETH: Buy recommendation (6/8/2025)

ClashChartsTeam

Hey guys, vacation’s over — time to get back behind the screen and into the reports. Naturally, I kicked things off with a deep dive into ETH options activity , because that’s where the real market whispers come from. Here’s what stood out: Over the past week, the biggest trading volume and open interest inflow came at strikes $3000–$3200–$3400 (see screenshot). Most of the action was in standalone calls , though a portion showed up as call spreads — meaning some players are betting on a controlled rally, not just blind bullishness. The June 27, 2025 expiry remains the clear leader in open interest — still the date everyone’s watching. With implied volatility at 67.9% , ETH has about a 68% probability (1σ) of reaching $2,950 by expiry — just 18 days away . Key Takeaways: $3000–$3200 looks totally within reach. $3400 , though? Less than 15% chance based on current levels. The sentiment among options traders is clearly bullish — they’re positioning for a breakout up from the sideways range, roughly by the full width of the pattern.