Over $5 million in orders in the Bitcoin options block market last weekend were almost all for buying call options

Adam, a researcher at Greeks.Live, posted on the X platform on Monday:

BTC once again hit a new high for the year, and a large number of short- and medium-term bull market spreads were traded. Currently, ultra-short-term IV has approached 80% across the board. The market has a strong bullish atmosphere and has entered the FOMO stage."