TechFlow reports, Greeks.live macro researcher Adam posted on X stating that the strong bullish sentiment following Bitcoin's突破 of $70,000 has cooled somewhat. BTC Dvol has decreased from nearly 90% to 78%, reaching a recent average level, and IVs across major option tenors have clearly declined over the past three days.
Observing this bull market, price rallies often continue even as sentiment cools. Based on block trading and options data, another upward move is highly likely before this weekend. With short-term IV noticeably lower now, it presents a good opportunity to purchase short-dated options.




