According to Wu, GreeksLive revealed that almost all orders in the weekend options market of more than $5 million were for buying call options, and some of them were sold out of the money to form bull spreads to reduce costs. On Monday, BTC hit a new high for the year again, with a large number of short- and medium-term bull spreads traded. Currently, the ultra-short-term IV has been fully approaching 80%, and the market is in a strong bullish mood, and has entered the Fomo stage.