Over $5 million in orders in the Bitcoin options block market last weekend were almost all for buying call options
Adam, a researcher at Greeks.Live, posted on the X platform on Monday:
BTC once again hit a new high for the year, and a large number of short- and medium-term bull market spreads were traded. Currently, ultra-short-term IV has approached 80% across the board. The market has a strong bullish atmosphere and has entered the FOMO stage."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Trending news
MoreCrypto prices
More
