Crypto Market Eyes New Bull Run☕

Crypto prices are holding steady over the past 24 hours, though we are starting to see a number of research names coming out and calling for the beginning of a new bull market. With vol markets looking rich but a palpable lack of gamma and spot selling interest that can be observed, it does appear that the market is under-owned, and the path of least resistance is likely higher with dips likely to be bought. Not surprisingly, smiles are massively skewed to the right, with participants naturally positioned for the eventual ETF approval between now to early Q1.

#Volatility #Gamma #SellingInterest #ETFApproval #MarketTrend