Greeks.live: Bitcoin rebounds above $70k, boosting market sentiment, but options indicators do not show sustained bullish expectations.

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Mars Finance reported that on April 8, Greeks.live posted on social media stating, “Yesterday, Trump said he wanted to erase Iran, and today he released a ceasefire agreement. Bitcoin surged quickly to $72k, but the main-term options IV is still declining, and even end-of-term options IV has also fallen. The Skew’s negative degree of deviation, which was incentivized by the rally, has decreased. Meanwhile, due to the rise in RV, yesterday’s sharply rebound VRP has fallen again. Judging from the main options indicators, the encouragement to the market from breaking back above $70k is still clearly evident—it has mainly alleviated concerns about a black-swan event triggering a selloff, rather than suggesting an expectation that prices will keep rising.”

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