$BTC and ETH Market Dynamic Analysis

BTC Trend: For several consecutive days, the BTC price has been adjusting below $100,000.

ETH Strong Performance: Meanwhile, ETH successfully broke through the key level of $3,500, with market focus gradually shifting from BTC to ETH. The upward momentum of ETH not only boosted the overall recovery of the altcoin market but also highlighted its significant influence in the market.

Options Data Comparison:

BTC: This week, the implied volatility (IV) of short-term options for BTC has significantly declined after peaking. ETH: The IV has consistently maintained above 80%, indicating a potential breakout trend.

IV Difference: Currently, the IV difference between BTC and ETH has exceeded 20%, reflecting that the market's volatility expectations for ETH are significantly higher than for BTC.

Market Sentiment:

$ETH : The market's bullish sentiment towards ETH is clearly higher than the bearish sentiment. Comprehensive Analysis: The options market generally believes that ETH has a high potential for upward explosion, making it a good time to buy bullish.

In summary, with the strong rise of ETH and the significant increase in market expectations for its volatility, investors may consider timely positioning for bullish strategies on ETH.