2.27
#BTC unexpectedly started early, #ETH also wanted to make a big wave?
The supply of stablecoins began to rise, the stocks of stablecoin exchanges began to rise, the stocks of BTC ETH exchanges declined, and sentiment rose. BTC suddenly started without any fundamentals or news, bringing the overall sentiment to a climax.
The option IV changed and was in a gradually rising state until March 1st. Therefore, the market will face further strong fluctuations until the 1st. Although#ETHseems to be driven up, the #ETH option data still has an independent upward trend. The momentum, let's see what happens today and tomorrow #ETH .
The open interest of the BTC ETH contract has reached a new high again. There is a high probability that there will be no further moves to reduce leverage before this wave of upward momentum ends. Although a direct burst without a wash will reduce the expected peak height of BTC, judging from the UTXO distribution chart, after the chip peak of 52,000 is formed, there will be no huge peak above the price. This is a scenario that may happen.
Short-term support level 53637, 52736
Short-term pressure level 55356, 55906
The mid-term pressure level is 56775, 57451
This morning there were two call options of 4.26-62000 in#BTCoptions block, totaling 300 BTC, with a payment right of US$1 million. The current volatility index of BTC is 61.81%
BlackRock spot#BitcoinETF trades over $1.1 billion today
