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
Santiment Names Six Top Trending Cryptocurrencies in 24 Hours; Bitcoin Leads, 1INCH Hacked for $5.8M
According to Santiment, in the last 24 hours, six cryptocurrencies emerged as the most trending: Bitcoin (BTC), Cardano (ADA), Avalanche (AVAX), 1inch (1INCH), Monero (XMR), and Toncoin (TON), with BTC leading the list as investors show strong interest amid institutional inflows and price
GateNews25m ago
Bitcoin Open Interest Hits Largest Surge in 2026, Surpassing 2025 Peak
According to CryptoQuant analyst Darkfost, Bitcoin open interest recorded its largest increase in 2026, surpassing the surge seen during the 2025 peak period. The uptick reflects investors gradually returning to derivatives markets, though funding rates have remained negative for multiple
GateNews33m ago
Solv Protocol Migrates $700M Tokenized Bitcoin From LayerZero to Chainlink CCIP on Thursday
On Thursday, Solv Protocol announced it will migrate from LayerZero to Chainlink CCIP as its official cross-chain infrastructure, affecting over $700 million in SolvBTC and xSolvBTC assets across Corn, Berachain, Rootstock, and TAC. According to Solv's official post, the move follows a review of
GateNews1h ago
BNP Paribas Opens Access to Bitcoin and Ethereum ETNs for Retail Clients
BNP Paribas opens regulated access to bitcoin and ethereum through ETNs, giving retail clients exposure via traditional securities accounts while advancing a broader institutional blockchain strategy.
BNP Paribas Adds Crypto-Linked ETNs for Retail Investors
Growing access to regulated
Coinpedia1h ago
Bitcoin Tests $84K Gap Fill as Spot ETFs Post First Weekly Outflows
Bitcoin is testing a key short-term technical setup as CME futures point to a possible gap fill near $84,000, though spot Bitcoin ETFs posted their first net outflows in a week on May 7, adding pressure to the recovery structure, according to technical analysis shared by Super฿ro and CryptoJack on
CryptoFrontier1h ago
Latest Non-Farm Payrolls data interpretation: the unemployment rate didn’t rise but instead shows pressure, and structural divergence in the crypto market continues
The U.S. April unemployment rate of 4.3% met expectations, but nonfarm payrolls came in at only 115,000, and the labor force participation rate declined. This article analyzes how the employment data affects the Federal Reserve’s interest-rate path, the liquidity logic in the crypto market, and the structural divergence between BTC and altcoins.
GateInstantTrends1h ago