TechFlow news, November 26 — According to The Block, Ethereum and Bitcoin options traders are showing caution ahead of the release of the FOMC meeting minutes and Wednesday’s U.S. core Personal Consumption Expenditures (PCE) data. Analysts note that traders are closely watching this week's economic indicators to assess inflation trends and the likelihood of another rate cut in December.
Analysis shows Ethereum's implied volatility has clearly skewed toward put options, reflecting similar sentiment seen in the Bitcoin market. With Ethereum currently trading around $3,300, Deribit data indicates its options put/call ratio has risen to 0.74, signaling growing concern over downside risks. Meanwhile, Bitcoin has dropped below $93,000, seeking support near $95,000.
The market broadly views tonight’s FOMC meeting minutes and Wednesday’s PCE data as key factors shaping short-term price movements. Analysts suggest that if inflation readings come in below expectations, it could strengthen momentum for Bitcoin to突破 $100,000.
