“Ether is predicted to maneuver by +/- 5.85% after the FOMC assembly, based mostly on derivatives markets information. This suggests that ether will end the week at $1,485 or $1,670 (spot $1,578). This appears too slim. Shopping for short-term straddles (purchase calls and purchase places), which profit from large swings, may provide good danger reward right here,” Thielen mentioned in a word despatched to shoppers early Wednesday.