1) A continuation derisking/downside play of near-dated Put structure buying and Call selling ahead of the weekend and US bombing of nuclear facilities in Iran.
Put Skew, as a consequence, has remained firm from flows, elevated at the front end.
Dvol unchanged dismissing events.

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On June 26th, with the release of multiple positive signals, Bitcoin regained the $108,000 mark, warming market sentiment, and investors began to anticipate its potential to hit a new all-time high. So, does Bitcoin really have the momentum to break through? Let's look at the views of various analysts:

@CycleStudies: Cautious incremental progress
Over the past 48 hours, Bitcoin has been continuously moving up in small increments at its highs and lows, and while the overall trend is upward, the market rhythm is quite "confusing".
"Whenever a strong candlestick appears, it easily misleads the market into thinking there will be a volume breakthrough, but the next candlestick often turns weak. ...

Hot Topic | Can Bitcoin continue to rise and break new highs? See what analysts at Followin Trading Strategy Square think

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