According to QCPgroup, Ethereum ($ETH) is showing strong trading signals as neutral funding rates and a put-heavy options skew coincide with a decisive price movement above $2,400, aligning with the Pectra network upgrade. Notably, there is an uptick in longer-dated option flows, which QCPgroup identifies as an early indicator of $ETH becoming a significant allocation target for traders and institutions. These options market dynamics suggest increasing confidence in medium- to long-term price appreciation, making Ethereum a key cryptocurrency to watch for allocation strategies in the current market cycle (Source: QCPgroup, Twitter, May 13, 2025).