Ethereum Oversold: RSI Lowest Since April Despite 189% Rally as $5.2B ETH Options Expire — $3,800 Pain Point Could Trigger Uptrend
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
Analysts note that Ethereum’s RSI is at its lowest level since April, when ETH traded near $1,384; from that trough, ETH has appreciated roughly 189%, a recovery metric market technicians use to assess momentum.
Market participants face over $5.2 billion of ETH options expiring today, representing one of the largest quarter-end expiries recorded; exchange data highlights a concentrated cluster of strike exposure with a significant pain point near $3,800.
Historically, sizable expiries can drive short-term shifts in implied volatility and liquidity; prudent traders will monitor shifts in open interest, delta positioning and order-book depth rather than assume a definitive post-settlement direction.