According to @Excellion, the phrase 'omega candle' is being adopted as a verb in Bitcoin trading vernacular, indicating that traders anticipate a significant price movement in the near future. @1914ad highlighted that all current trading indicators suggest the potential for an 'omega candle' next week, which could result in sharp volatility for BTC. Traders should closely monitor technical signals for breakout or breakdown confirmation, as increased volatility often precedes major price swings in crypto markets (Source: Twitter/@Excellion, @1914ad).