📈 BTC took the lead in the cryptocurrency market, surging to $30,200 at one point, awakening a market that had been quiet for nearly two weeks. As the SEC releases ETF registration results over the weekend, news could spur market activity at any time in the coming days, potentially influencing today's volatility.
Short-term market volatility has seen a notable uptick, with weekly IVs rising from under 25% to 35%, Dvol increasing from 35% to 40%, and short-term VRP (Volatility Risk Premium) now reaching a higher level of 15%.
Tomorrow's CPI data might provide short-term IV support. Yet, IV remains low for the next week. If you're bullish on the ETF, consider buying some short-term calls to engage further. #CryptoMarket #Bitcoin #ETF
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