#options
📊 $BTC & $ETH Options Market Analysis: What’s Next?
We reviewed current metrics and volatility (DVOL) on Deribit for Bitcoin and Ethereum. Here are the key takeaways regarding future price action:
➡️ #bitcoin (BTC)
Volatility (DVOL): Dropped to 36.23 following a local spike. The market is shifting into a phase of consolidation and accumulation.
Options Structure: Put options dominate the top volume at the $78,000 and $88,000 strike prices (expiring at the end of October). This creates a strong hedging zone and a floor of support.
Call Targets: Primary demand for Call options is focused on the $88,000–$90,000 range.
Spot-Vol Correlation: Remains high (>0.7). Historically, price increases are accompanied by a spike in volatility.
➡️ #Ethereum (ETH)
Volatility (DVOL): Currently at 48.82. ETH traditionally maintains a higher level of implied volatility.
Bullish Bias: Massive Call option buying volume observed. Notable activity at the December 2300 Call strike (over 30k contracts) and the March 2400 Call strike.
Support: Put options are concentrated around the $2,300–$2,350 levels.
🎯 Conclusion and Price Action Scenario
1. Short-term (coming days): Consolidation and sideways movement within current ranges. The DVOL pullback indicates position accumulation by major players ahead of the next impulse.
2. Medium-term (autumn/winter): Continuation of the bullish trend. The positioning structure of major players points to expectations of growth.
📊 Key targets to watch:
BTC: $88,000 – $90,000
ETH: $2,300 – $2,400+
📊 $BTC & $ETH Options Market Analysis: What’s Next?
We reviewed current metrics and volatility (DVOL) on Deribit for Bitcoin and Ethereum. Here are the key takeaways regarding future price action:
➡️ #bitcoin (BTC)
Volatility (DVOL): Dropped to 36.23 following a local spike. The market is shifting into a phase of consolidation and accumulation.
Options Structure: Put options dominate the top volume at the $78,000 and $88,000 strike prices (expiring at the end of October). This creates a strong hedging zone and a floor of support.
Call Targets: Primary demand for Call options is focused on the $88,000–$90,000 range.
Spot-Vol Correlation: Remains high (>0.7). Historically, price increases are accompanied by a spike in volatility.
➡️ #Ethereum (ETH)
Volatility (DVOL): Currently at 48.82. ETH traditionally maintains a higher level of implied volatility.
Bullish Bias: Massive Call option buying volume observed. Notable activity at the December 2300 Call strike (over 30k contracts) and the March 2400 Call strike.
Support: Put options are concentrated around the $2,300–$2,350 levels.
🎯 Conclusion and Price Action Scenario
1. Short-term (coming days): Consolidation and sideways movement within current ranges. The DVOL pullback indicates position accumulation by major players ahead of the next impulse.
2. Medium-term (autumn/winter): Continuation of the bullish trend. The positioning structure of major players points to expectations of growth.
📊 Key targets to watch:
BTC: $88,000 – $90,000
ETH: $2,300 – $2,400+