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Ethereum options data shows pro traders expect strong resistance at $3,600 -Breaking

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EtherETHThe () price bounced 13% off its Jan. 9, low of $2,950 but it is premature to consider this a bottom. However, the bearish movements are larger and more closely related to.BTC() Price, regulatory issues and other a tighter United States Federal Reserve policyThe movement has also been blamed on the leader,

BTC/Ether have suffered since the regulators turned their attention to stablecoins. November 1, 2018, was the official start of Bitcoin Cash Day. U.S. Treasury Department asked Congress to approveTo ensure stablecoin issues are treated in the same way as U.S. banks.

Price at FTX. Source: TradingView
For Jan. 14, Ether options combine open interest. Source: Coinglass.com