According to Glassnode analysis via ChainCatcher, Bitcoin broke through key resistance to $82,000–$83,000, ending weeks of narrow-range trading and signaling a return of market volatility. Option data shows 1-week implied volatility rebounded approximately 6 points, with short-term trading demand recovering quickly. The 25-delta skew converged toward neutral, indicating weakened downside hedging demand, while market sentiment shifted from short-term bearish to longer-term bullish positioning.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Morgan Stanley Plans to Offer Bitcoin Custody, Trading and Lending Services
According to Decrypt, Morgan Stanley's newly appointed head of digital assets Amy Oldenburg said on Wednesday that the bank plans to enable customers to custody and trade Bitcoin on its platform. When asked whether the firm also intends to offer Bitcoin-based yield and lending services, Oldenburg
GateNews58m ago
Bitcoin Breaks $72,000, Hits Three-Week High Amid U.S.-Iran Ceasefire
Bitcoin surged past $72,000, reaching its highest level in three weeks, following a temporary ceasefire agreement between the United States and Iran. President Trump agreed to pause airstrikes for two weeks, while Iran committed to temporarily reopening the Strait of Hormuz. The announcement came le
GateNews58m ago
Bitcoin Breaks Below $65,000 on Monday as Trump Raises Tariffs to 15%
Bitcoin fell below $65,000 on Monday, hitting its lowest level in over two weeks, as tariff concerns reignited global market volatility. On Saturday, U.S. President Trump raised previously announced global tariffs from 10% to 15% following the Supreme Court's rejection of his broader reciprocal tari
GateNews59m ago
ABTC Directors Purchase 1.63M Shares After Q4 Earnings Disclosure; Bitcoin Holdings Reach 6,500 BTC
According to SEC filings, two directors of American Bitcoin (ABTC) purchased approximately 1.63 million shares of the company in the window period following Q4 earnings disclosure. Justin Mateen acquired about 1.3 million shares at approximately $1 per share, while Richard Busch purchased
GateNews59m ago
JPMorgan Maintains Bullish 2026 Crypto Outlook, Estimates Bitcoin Production Cost at $77,000
According to JPMorgan Chase analysts led by Nikolaos Panigirtzoglou, the bank recently maintained a bullish outlook on cryptocurrency markets in 2026, citing expected acceleration in institutional capital inflows and regulatory clarity. The analysts stated they anticipate digital asset inflows
GateNews59m ago
Bitcoin 1-2 Year and 1-3 Month Cost Basis Lines Cross in Late April, CVDD Reaches $45,410
According to analyst Murphy, on-chain data showed that the average cost basis for Bitcoin held 1-2 years (yellow line) crossed with the average cost basis for Bitcoin held 1-3 months (orange line) in late April. This signal reflects activity from early whale holders, with the CVDD indicator—a long-t
GateNews59m ago