FeesSafety
Pluang+

A $589M short-gamma zone near $2,000 could boost ETH volatility as dealer hedging flips from stabilizing to amplifying.

Technical Signals
12 Nov 2026, 13:47 WIB
Crypto Briefing
View Source
Bearish
A $589M short-gamma zone near $2,000 could boost ETH volatility as dealer hedging flips from stabilizing to amplifying.

Ethereum's options market shows a $589 million short-gamma pocket near $1,980 to $2,000, meaning dealer hedging may increase ETH price swings instead of dampening them. Currently, ETH trades just above this zone and below the $2,090-$2,104 gamma flip level, where dealers shift from stabilizing to amplifying volatility. This setup, combined with a put wall at $2,000 and a max pain level at $1,800, suggests heightened volatility and downside pressure as the November 16 options expiry approaches. Traders should watch key levels around $2,000 and $1,800 for potential market moves.

Ethereum trades at Rp36.649.357 on Pluang as of Nov 12, 2026 19:04 WIB, down 1.40% in the past day. Despite the current price being just above the short-gamma pocket near $1,980, Pluang data shows a strong buy interest with 68% of order activity favoring purchases. The market cap stands at Rp4.565,05 trillion, reflecting significant investor engagement amid the options expiry approaching.

More News (ETH)

Ethereum ETF outflows hit $144.8M, pressuring ETH near $2,000 support level

Ethereum ETF outflows hit $144.8M, pressuring ETH near $2,000 support level

Ethereum faces renewed selling pressure as spot ETF outflows surged to $144.8 million, led by BlackRock's $129.8 million withdrawals, threatening the $2,000 price support. The cryptocurrency is trading around $2,050 but struggles to gain sustained mo...

Market News
Bearish
5 hours ago
Ethereum co-founder predicts ETH demand will outpace supply as institutions adopt the network.

Ethereum co-founder predicts ETH demand will outpace supply as institutions adopt the network.

Joseph Lubin, Ethereum co-founder and MetaMask CEO, forecasts that demand for ETH will exceed supply within two years due to increasing institutional adoption. He acknowledges that mainstream usage is still limited, with most users currently holding ...

Market News
Bullish
6 hours ago
BitMine reports $6.3B loss on Ethereum drop, challenging ETH's long-term store-of-value case.

BitMine reports $6.3B loss on Ethereum drop, challenging ETH's long-term store-of-value case.

BitMine disclosed a $6.3 billion net loss for the fiscal year ending August 2026, mainly due to Ethereum's price drop from over $4,000 to around $2,000 after the October 2025 crash. Despite holding 6.07 million ETH and other assets valued at $14.3 bi...

Market News
Bearish
11 hours ago
Ether price drops 15.6% after a large 2,155 ETH transfer between addresses in early November

Ether price drops 15.6% after a large 2,155 ETH transfer between addresses in early November

Ether (ETH) prices fell 15.6% from $2,422.31 on Nov. 4 to $2,044.30 on Nov. 11 following a significant transfer of 2,154.94 ETH to a new address on Nov. 9. The sending address was notable for holding ETH since Ethereum's 2015 genesis block, but the t...

Technical Signals
Bearish
14 hours ago
Bearish sentiment hits bitcoin, ethereum, and XRP amid price pressure, hinting at possible crypto recovery soon.

Bearish sentiment hits bitcoin, ethereum, and XRP amid price pressure, hinting at possible crypto recovery soon.

Social sentiment for bitcoin, ethereum, and XRP has turned strongly bearish, with XRP showing the weakest optimism at 0.49 bullish-to-bearish ratio. Despite this, bitcoin has recovered above $74,000, and ethereum also edged higher, signaling potentia...

Neutral
15 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App