Greeks.live: The rapid rise of Bitcoin has quickly reversed market sentiment, creating a strong bullish atmosphere

ChainCatcher news, Greeks.live macro researcher Adam posted on social media, "Bitcoin has broken through the $70,000 fluctuation zone without warning, just a step away from its all-time high. The rapid rise has led to a significant increase in implied volatility across major maturities, with BTC Dvol now exceeding 78%. Market sentiment has quickly reversed, and there is a strong bullish atmosphere. Just now, over 600 contracts of call options with a strike price of $100,000 were traded, with a nominal value of up to $45 million, and the premium alone is worth $8.5 million."