TechFlow News — Greeks.live researcher Adam posted a tweet stating that Ethereum saw a significant rebound today, possibly related to V God's participation in blockchain events in Hong Kong, while Bitcoin has entered a correction phase.
Options market sentiment aligns closely with price movements. Today, Bitcoin options trading was primarily focused on selling short-term contracts, whereas Ethereum saw dominant demand for buying short-term call options. Both markets saw trades mainly executed as spread combinations, indicating lingering uncertainty about future price direction, with implied volatility (IV) slightly declining across key maturities.
BTC also shows unique signals: 350 call options with a $200,000 strike price expiring in March next year were just traded, with premiums alone amounting to $2.5 million. Currently, large whales have accumulated nearly 30,000 call options across various maturities, each with strike prices exceeding $100,000.
