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
HyperLabs applies to redeem 433,000 HYPE tokens worth $36.14 million
Cardano Hits 10,166% Liquidation Imbalance as Price Tests $0.2 Support
Satoshi's Bitcoin Genesis Block Puzzle Gets New Clues, but Mystery Remains
Solana (SOL) Shoveled on Hyperliquid: This Is Why It's Better
