According to glassnode, Bitcoin's one-week options implied volatility (IV) has dropped to 37.39%, reaching levels not seen since early 2023 and early 2024, which previously led to significant volatility spikes. Currently, longer-term implied volatility remains higher, with three-month IV at 53.1% and six-month IV at 56.25%, indicating potential market movements. Traders should consider these IV levels in strategy planning as historically low short-term IV often precedes increased price fluctuations. Source: glassnode.

According to Greeks.live, the Bank of Japan's rate hike of 25 bps was anticipated, resulting in no significant market reaction. Bitcoin's implied volatilities (IVs) remain around 60%. The short-term volatility risk premium has decreased from +20% at the time of Trump's inauguration to -10% currently. This week saw a slight increase in actual market volatility, contrary to expectations, leading to a decline in short-term IV and a significant drop in the volatility risk premium. The market has lowered expectations for the remainder of the month, although some whales are accumulating short-term call options.

According to Greeks.live, Bitcoin traders are divided after the cryptocurrency failed to maintain its position above $104K following disappointment from Trump's executive order. Traders are closely watching the $98K support level while considering whether to reduce exposure or add to positions, expressing caution against aggressive directional bets. Notably, the market experienced aggressive long positioning at the $103K level in anticipation of executive orders, leading to many traders unwinding positions and reducing short put exposure due to the absence of significant crypto-related announcements. Despite this, implied volatility remains elevated above 70% on short-term options.

According to @GreeksLive, the trading sentiment is divided as Bitcoin failed to maintain a level above $104K following disappointment over Trump's executive order. Traders are closely watching the $98K support level, contemplating whether to reduce exposure or increase positions. The market had seen aggressive long positioning at the $103K level in anticipation of the executive orders, but many traders are now unwinding positions and reducing short put exposure due to the lack of significant crypto-related announcements. Implied Volatility (IV) remains elevated above 70% on short-term options, reflecting ongoing market uncertainty.

According to GreeksLive, Bitcoin traders remain cautious following the cryptocurrency's failure to maintain a price above $104K after anticipated executive orders from Trump did not yield significant crypto-related news. The market is focusing on the $98K support level, with traders divided on reducing exposure or adding to positions. The lack of significant announcements led to unwinding of long positions and reduced short put exposure, while implied volatility on short-term options remains high at over 70%.

According to GreeksLive, the trading community is divided after Bitcoin failed to maintain a price above $104K following disappointment from Trump's executive order. Traders are closely watching the $98K level as critical support, with discussions ongoing about reducing exposure or increasing positions. Many are exercising caution regarding aggressive directional trades. The market experienced significant long positioning at $103K in anticipation of the orders, but many are now unwinding those positions as no major crypto-related announcements were made. Implied volatility remains high at over 70% on short-term options despite the lack of event impact.

According to Greeks.live, Bitcoin traders are divided after the cryptocurrency failed to maintain above $104K, influenced by disappointment from Trump's executive order. Key support is seen at $98K, with traders debating whether to reduce exposure or increase positions. The market saw aggressive long positioning at $103K, but many are now unwinding positions as no significant crypto-related announcements occurred. Implied volatility remains elevated above 70% on short-term options despite the event.

According to @GreeksLive, Bitcoin traders are divided after the cryptocurrency failed to sustain levels above $104K following disappointment over Trump's executive order. The key support level of $98K is closely monitored, with traders cautious about making aggressive directional bets. There is a notable unwinding of positions and reduction in short put exposure as no significant crypto-related announcements emerged. Implied volatility remains above 70% on short-term options, indicating continued market apprehension.

According to GreeksLive, Bitcoin traders are divided following the cryptocurrency's failure to maintain levels above $104K due to disappointment from Trump's executive order. Traders are closely watching the $98K support level, deciding whether to reduce exposure or increase positions, with a general sentiment of caution towards aggressive directional bets. The market previously saw aggressive long positioning at the $103K level in anticipation of the executive orders, but many are now unwinding positions and reducing short put exposure after the lack of significant crypto-related announcements. Implied volatility remains elevated above 70% on short-term options.

According to @GreeksLive, Bitcoin traders are closely watching the $98K support level after the price failed to sustain above $104K following disappointment from Trump's executive orders. The market saw aggressive long positions at the $103K level before unwinding due to lack of significant crypto-related announcements. Traders are now cautious, debating exposure adjustments, with implied volatility remaining elevated above 70% on short-term options.

According to Greeks.live, the Bitcoin options market is experiencing a surge in open interest, particularly in call options, which suggests bullish sentiment among traders. This trend is supported by increased trading volumes and a rise in implied volatility, indicating potential price movements. These factors are critical for traders considering entry points and risk management strategies. Source: Greeks.live.

According to Greeks.live, on January 17, 22,000 BTC options expired with a Put Call Ratio of 0.95, a Maxpain point of $96,000, and a notional value of $2.19 billion. Concurrently, 182,000 ETH options expired with a Put Call Ratio of 0.36, a Maxpain point of $3,250, and a notional value of $610 million. This expiry coincided with Bitcoin rallying above $100,000, which shifted market sentiment and increased short-term option implied volatilities (IVs), signaling a potential bullish trend toward the $105,000 target, as noted by Greeks.live.

According to @GreeksLive, on January 17th, 22,000 BTC options expired with a Put Call Ratio of 0.95, indicating a balanced sentiment among traders, with a Maxpain point at $96,000. The total notional value was $2.19 billion. Similarly, 182,000 ETH options expired with a Put Call Ratio of 0.36, which suggests a bullish sentiment with a Maxpain point at $3,250 and a notional value of $610 million. This coincided with Bitcoin's rally above $100,000, which has invigorated market activity, although overall market liquidity remains weak. Short-term option implied volatilities have increased, signaling heightened market expectations for Bitcoin's continued strength. Traders should monitor these volatilities closely for potential trading opportunities.

According to @GreeksLive, on January 17th, 22,000 BTC options expired with a Put Call Ratio of 0.95, indicating a balanced sentiment between bullish and bearish bets, with a Maxpain point at $96,000 and a notional value of $2.19 billion. Concurrently, 182,000 ETH options expired with a Put Call Ratio of 0.36, showing a stronger bullish sentiment, with a Maxpain point at $3,250 and a notional value of $610 million. Following the expiry, Bitcoin's price surged above $100,000, indicating robust market interest and increased long positions, as noted by rising short-term option implied volatilities (IVs).

According to @GreeksLive, Bitcoin has been oscillating around $100,000 for nearly two months, reaching $110,000 in mid-December and dropping below $90,000 this week. Major term futures remain elevated over 12% annualized, indicating a persistent bullish sentiment despite market fluctuations. The long leverage levels are high, suggesting continued market risk appetite. Implied volatility for options between January and March has decreased, reflecting a shift in market expectations as political events approach. Despite recent declines, market sentiment remains bullish, with lower fear levels compared to mid-December. However, block trading is dominated by bearish positions.

According to Greeks.live, the latest Telegram chat discussed the current market volatility and its impact on options trading strategies. They emphasized the importance of staying updated on implied volatility levels and how it affects options pricing, suggesting traders should consider adjusting their hedging strategies accordingly. This information is crucial for traders aiming to optimize their positions in a fluctuating market. [Source: Greeks.live]

According to Greeks.live, cryptocurrencies experienced a sharp correction due to the decline in U.S. stocks like Nvidia and Tesla, resulting in Bitcoin dropping below $100,000.

According to Greeks.live, as Europe and the US enter the Christmas holidays causing traditional markets to recess, the crypto markets have experienced significant gains, particularly led by Bitcoin. This period between the Christmas holiday and year-end is characterized by lower liquidity, meaning the market requires less momentum to move. In the options market, short-term implied volatility has decreased compared to the previous day. Market makers are adjusting positions towards the end of the day, with implied volatility showing stability as the year ends. The max pain points are currently at $84,000 for Bitcoin and $3,000 for Ethereum, indicating that the annual max pain point is likely to fail, continuing the trend from previous years.

According to GreeksLive, the October monthly expiry is imminent, and the month has not met expectations. Factors such as the upcoming election and interest rate cuts have not resulted in significant positive news or inflows for cryptocurrencies. The implied volatility (IV) for the election week remains at 55%, indicating market uncertainty.

According to Greeks.live, their trading strategy primarily involves analyzing implied volatility (IV) and monitoring delta. This suggests a focus on options trading and risk management through these key metrics.