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
Bessent: The overall economy is not facing a recession risk
Michael Saylor launches "HODL or Sell This Week" poll: Nearly 80% choose not to sell
Data: The number of addresses holding at least 10,000 BTC has reached 90, hitting a 5-month high
Bitwise CEO concludes survey on market crash response measures, with over 43% choosing "buy"