According to a report released this week by Kaiko Research, ETH options traders are buying both call and put options, indicating that there may be some volatility in ETH before the end of May. Analysts say that the price of ETH may become increasingly unstable before the deadline for the decision on the Ethereum exchange-traded fund this week.

Peter Chung, a research analyst at Presto, believes that the implied volatility of Bitcoin and Ether is currently the same, indicating that the market has not yet digested the expected volatility changes of Ether.

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