Ethereum Bulls Eye $5K as $5B Options Expiry Nears

- Ether's 22% August rally sets stage for bullish dominance. - Scarcity of bearish contracts above $4,600 amplifies surge potential. A pivotal $5 billion Ethereum (ETH) options expiry this Friday could define the cryptocurrency market's short-term trajectory. As of August 27, 2025, Ether has surged 22% this month, fueling bullish momentum as traders aim for a price breakthrough above $5,000. The scarcity of bearish contracts above the $4,600 strike price further strengthens the bullish outlook, suggesting that those betting on price declines stand to face substantial losses during this sustained upswing. These dynamics create expiry scenarios that favor bullish traders. If ETH closes between $4,850 and $5,200 by Friday, call options could provide a $1.8 billion advantage. Even if the price retracts to $4,400, optimistic investors are still positioned to maintain notable gains. In addition, external macroeconomic variables weigh on the market. Nvidia’s highly anticipated earnings report and broader global economic trends are creating an environment of uncertainty that could influence Ethereum’s performance as the options expiry approaches. According to market data on August 27, Ethereum (ETH) was trading at $4,545.833 at 19:15 UTC, while its 24-hour trading volume showed a negligible change of 0.007%.