The bullish interpretation of the rising ratio is consistent with positive call-put skews across time frames. As of writing, the seven-day skew stood at 2% while the 30-, 60-, 90- and 180-day skews returned a value of over 5%, according to Amberdata. That’s a sign of the relative richness of calls or bullish bets.
![Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally](https://www.coindesk.com/resizer/epl1LqmGgPsDSW_3bsKI6w8S_Xw=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PPA5THUL65AFTK67YJ3PWFLDGI.jpg)