đ **Crypto Market Update: Bullish Sentiment Despite Volatility!**
đč **QCP Capital Insights**: After the Jackson Hole meeting, QCP Capital notes a rise in call option spread buying and call option selling with a $100,000 strike price until March 2025. This suggests a bullish long-term outlook for crypto, even if short-term growth remains modest.
đč **Market Trends**: Despite rising spot prices, BTC and ETH implied volatility favors put options until October, hinting at market uncertainty. BTC prices are expected to fluctuate between $62,000 and $67,000.
đč **Current Prices**: Bitcoin trades at $63,816, slightly down by 0.13%. Ethereum is at $2,734, down by 0.86%.
đŹ **What are your thoughts on these trends? Share in the comments!**