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Analysis: The bullish momentum is significantly stronger than the bearish side at present, but it has not yet entered the FOMO stage.

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#DeFi
$BTC
$ETH
$MAG7.SSI
Odaily
350Words
Jul 17, 2024

According to analyst Adam from Greeks.live, $BTC and $ETH's upward trend has stalled, but the implied volatility IV of major terms continues to rise. As mentioned yesterday, IV's reaction to the market has always been relatively lagging. Over half of the $BTC options' trading volume comes from active buying of call options, while over half of $ETH's regular trading volume comes from active buying of call options. Currently, the bullish force is significantly stronger than the bearish, but the sentiment is relatively calm, not yet entering the FOMO stage.

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