Ether (ETHThis month, ) moved into a somewhat bullish channel and is currently moving towards the $3800 level. Even with recent turmoil, Ether bulls expect to make $53 million on Friday’s expiry of weekly options.

Also, investors appear disinterested Recent underperformance of Ether versus (BTCThe altcoin’s gain stands at 265%. If Ether can maintain a price above $3,600 Friday, then 99% of $180 million worth put (sell), options will be lost.