Glassnode: Launches IBIT Options Metrics

Analytics powerhouse Glassnode just activated IBIT options metrics, unlocking fresh data on how big players gauge Bitcoin risk, shield positions, and bet on moves. This tool dives into institutional flows, spotlighting BTC price prediction tactics and crypto market analysis angles that echo last quarter's volatility spikes.

On the 4h chart, BTC holds firm at $80,577.9 in a bullish setup, hugging the EMA50 at $80,445.44 as immediate support while the EMA200 at $77,204.57 anchors the longer trend. MACD's golden cross at 24.76 screams continuation, but with RSI neutral at 50.0 and price grinding inside Bollinger Bands—upper resistance at $82,006.7, lower at $78,810.68—expect a quick dip to test that EMA50 before bulls reload for the next leg up, especially as institutional hedging via IBIT options ramps up crypto market crash defenses.