TechFlow news, on May 20, HTX Research analyst Chloe (@ChloeTalk1) analyzed in the latest edition of the HTX DeepThink column that the crypto market is currently in a phase of "high sentiment, low volatility." The options market shows bullish sentiment dominating, with a Call/Put open interest ratio as high as 1.55 and rising premiums in call contracts; meanwhile, short-term implied volatility (IV) has been suppressed to a new 18-month low of 35–40%. Under these conditions, Bitcoin may retest new highs within 30–45 days, potentially breaking through the $105,000–$115,000 range. However, there is also a risk of accumulated high leverage, which could trigger a cascading deleveraging correction if volatility spikes or BTC effectively falls below $100,000.
Chloe stated that given the current market environment, while maintaining controlled overall exposure, rotating part of capital into fundamentally sound, liquid quality altcoins could capture spillover momentum from Bitcoin's rise. Notable sectors include leading SUI ecosystem project tokens and AttentionFi projects represented by Kaito.
Note: The content of this article is not investment advice, nor does it constitute any offer, solicitation, or recommendation regarding investment products.
