BTC hits a new high, let's celebrate! Let's take a look at the latest data and analyze the trend in the future.

From the perspective of gamma ex, the negative gamma energy at the 110K position of Bitcoin is very strong, and it will fluctuate violently around this price in the short term. The positive gamma resistance of the upward breakthrough is not strong, and the possibility of continued upward movement cannot be ruled out. From the perspective of iv distribution, both the put end and the call end have risen, and differences of opinion are the best soil for rising.

Looking at ETH again, it is a bit powerless. The 2500 position is still a concentrated position of negative gamma, and the positive gamma resistance above is strong. The iv on the put end has risen significantly, and the number of bears is dominant.

Logically speaking, the impulse to pocket Bitcoin after the new high has increased, and the possibility of retail investors continuing to rush has weakened. The new high in the future market depends on the liquidity support of institutions to be expected to continue to be maintained.

The stablecoin bill is still in the process, and it is impossible to support liquidity in the short term, and it can only provide emotional value.

The much-anticipated Trump dinner landed today. Will there be a trend reversal? Let's wait and see.

Overall, Bitcoin and Ethereum have entered the mainstream financial circle and are expected to become the world's first and second assets in the future. The belief in encryption will only become stronger and stronger.

In the face of higher and higher prices, it is a more reliable choice to use options to safely chase up or sell down.

Looking at the sideways market in the future, options can also allow you to gain time value benefits.

So, let's bet together~ I wish you all good luck!