Last weekend, GREEKS.LIVE researcher Adam tweeted that almost all orders in the options market exceeding $5 million were for buying call options. Some orders formed bullish spreads by selling out-of-the-money options to reduce costs. Subsequently, the price of Bitcoin hit a new high for the year, and a large number of short- to medium-term bullish spreads were traded. The market's very short-term implied volatility (IV) has approached 80%, indicating a strong bullish sentiment and entering the FOMO (fear of missing out) stage.

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<p>News from TechFlow at ShenChao: Researcher Adam from Greeks.Live tweeted that over $5 million worth of options orders were placed in the weekend options market, almost all of which were buying call options. Some of them also sold out-of-the-money options to reduce costs and create a bullish spread.</p>
<p>On Monday, BTC once again hit a new high for the year, with a large number of short to medium-term bullish spreads being traded. Currently, the very short-term implied volatility (IV) is approaching 80% across the board. The market sentiment for long positions is strong, and it has entered the Fomo stage.</p>
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The Bitcoin options market sees over $5 million in bullish orders, indicating the market has entered the FOMO stage.