TechFlow reports that on November 12, Adam, a macro researcher at Greeks.live, posted on X stating that Bitcoin has surged dramatically, briefly approaching $90,000 today. Just a month ago, this level seemed distant; now, $100,000 is within sight. In the past two days, fueled by strong market movements, implied volatilities across major maturities have slightly increased, with short-term IV rising notably—though still significantly lower than during the election period.
From the options market perspective, market fragmentation is evident, with trading activity highly dispersed. Some large players are aggressively increasing long positions, while many other traders are currently sidelined, missing the rally.




