ChainCatcher Message, macro analyst Adam from Greeks.live posted on X platform: “Bitcoin has fallen through the 70,000 USD level without resistance. The next six-figure level is the sideways trading zone before the Trump rally starts, and the support remains relatively strong. Options data shows that institutions and large investors are also urgently hedging and betting, with BTC’s implied volatility of at-the-money options reaching as high as 100%, doubling since the beginning of the year. The implied volatility of main monthly options has also broken through 50%, rising 15% in two weeks, and Skew has hit a two-year low. The options market structure is now dominated by bearish sentiment, but some lottery-like deep out-of-the-money buy-the-dip strategies are beginning to appear. Currently, the market is in an excessive panic stage, and conditions for BTC to continue a rapid decline are not sufficient. Rapid risk clearing in the market is conducive to a rebound.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Yesterday, Bitcoin spot ETFs saw net inflows of $9.02 million, with Fidelity FBTC leading the way
Gate News消息，April 3, according to Trader T’s monitoring, yesterday (April 2) spot Bitcoin ETFs saw net inflows of $9.02 million. Among them, Fidelity FBTC recorded inflows of $7.29 million, VanEck HODL recorded inflows of $4.74 million, BlackRock IBIT recorded outflows of $3.01 million, and the remaining ETFs had no capital movement that day.
GateNews22m ago
BR (Bedrock) has risen 41.99% over the past 24 hours and is currently trading at $0.16122
Gate News, April 3, according to Gate market data, as of the time of publication, BR (Bedrock) is trading at $0.16122. In the past 24 hours, it has increased by 41.99%, reaching a high of $0.17303 and a low of $0.10486. The 24-hour trading volume has reached $1.3479 million. The current market capitalization is approximately $42.1187 million.
Bedrock is a multi-asset supported liquidity re-staking protocol that has launched a Bitcoin staking product, uniBTC. As a BTC liquid staking asset, uniBTC enables users to earn staking rewards while maintaining the liquidity of their assets, opening up a new yield opportunity in the trillion-level Bitcoin market.
GateNews1h ago
MARA Reduces Workforce by 15% as Bitcoin Miner Pivots to AI and Energy Infrastructure
MARA Holdings (NASDAQ: MARA), one of the largest publicly traded Bitcoin mining companies, has reduced its workforce by approximately 15% across multiple departments, including both full-time staff and contractors, according to an internal company memo.
CryptopulseElite1h ago
Bitcoin Price Soars to $74K, but Investors Are Already Eyeing New Altcoin GCoin This Week
Bitcoin’s price surged above $74,400 today, marking a multi-week high and reigniting optimism across the broader cryptocurrency market, as evidenced by the rise in altcoins.
The rally came amid renewed buying pressure, a wave of institutional demand, and yet another behemoth purchase by Michael
CryptoPotato1h ago
Two addresses received 1,781 BTC from BitGo 4 hours ago, worth $119 million
Gate News, April 3, according to OnchainLens monitoring, 4 hours ago, two addresses received 1,781 BTC from BitGo, worth $118.92 million.
GateNews1h ago
BTC & ETH Entering a New Era? Analysts Say Yes — This Platform Is Already Paying Real BTC Rewards
Grayscale called it the “dawn of the institutional era.” Bitwise predicted Bitcoin will break its four-year cycle and set new all-time highs. Bitcoin Suisse published a scenario where Bitcoin approaches $180,000 and Ethereum reaches $8,000 on the back of Fed rate cuts and accelerating institutiona
CryptoPotato1h ago
