According to QCPgroup, the cryptocurrency market experienced a sharp rally as Bitcoin climbed 2.74% to reclaim the $99K level and Ethereum surged 6.89%, breaking out of a three-week consolidation range. Options flow data indicated strong demand for May and June call options, suggesting traders are positioning for continued upside in the near term. These developments highlight renewed bullish sentiment and may influence high-volume trading strategies for both BTC and ETH. (Source: QCPgroup, Twitter, May 8, 2025)