If ETH breaks $4K, the maxis are calling for god candles and price discovery mode If that’s your thesis, upside is looking verrrry cheap right now, and the options skew shows it On this board, the Sep 3,500 strike and 5,000 strike both trade around 67.5% vol. In other words, the market’s pricing similar volatility whether we’re at $3.5K or $5K by expiry That’s dirt cheap if you believe in a breakout - to play it you could sell some downside puts and buy upside, or run a 1x short 3,500 call vs 2x long 5,000 calls NFA and good luck out there