Bitcoin and ether had record-breaking days while trending more together.
Bitcoin has been trending higher for two days but ether is in the spotlight now.
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.
Very low spot volume Thursday isn’t helping bitcoin’s price.
Bitcoin fell by over $3,300 while options traders see ether going higher.
The price of bitcoin has traded in a tight range Tuesday.
Less action in the bitcoin market Wednesday means traders are sitting out while ether options are piling up for a first-quarter expiration.