Crypto Wall‑Street Roll‑Call: Weekend Madness
Yeah, you read that right—weekend traders got their guns fired off across the block. Bitcoin zapped from $111k to a fresh high of $118.7k while Ethereum shook off its tail and crept up from $2.75k toward the $3k mark.
What’s Fueling the Surge?
- Massive Market Confidence: Prices are practically screaming “bullish.” There’s a growing vibe of conviction in the market.
- Up‑At‑Home Macro Boosts: Low‑rate expectations and fresh stimulus are pulsing risk appetite back into the crypto space.
Volatility Checks
Bitcoin’s 7‑day implied volatility jumped from 30 % to 40 %—the highest short‑term spike since mid‑May. This isn’t just a tick; it’s a full‑blown momentum indicator. Ethereum keeps its volatility around 65 %, steady as a calm boat in a storm—traders are still braced for wild swings.
Policy Push‑Harder
The plot twist: Trump’s Big Beautiful Bill (BBB) just rolled out. Remember how, back in COVID’s chaos, when policy got looser, crypto goofs some serious gains? That’s the vibe here. Even if the Fed sees a 7 % chance to cut rates soon, the overall trajectory looks head‑down for the next 6–12 months. Cheap capital is the recipe for more aggressive Bitcoin buying.
And oh, $300 million poured into BlackRock’s ETHA ETF last week—no joke. Institutional hunger for Ethereum is making a comeback.
Options: The Market’s Fortune‑Teller
- BTC: Almost 20 % of the open interest on the Sept 26 expiry is hanging at the $130k call, hinting traders are betting on a gradual climb over the next quarter.
- BTC: 10 % of weekend deal‑volume cynically stakes on BTC breaking $120k by July 18, a short‑term punchy rally in the cards.
- ETH: An eye‑popping 45 % of ETH’s open interest on July 18 expire lines up at $3.4k—trader’s favorite call. That’s a 16 % chunk of ETH weekend volume, so expectations are an outright breakout.
Numbers That Matter
- 20 % chance ETH surpasses $3.6k by Sept 26
- 10 % chance BTC goes beyond $150k by Sept 26
- 11 % chance BTC surpasses $180k by Dec 26
All the bubbles—fiscal stimulus, rate outlook, and ETF inflows—are coalescing into a “get‑up” narrative. Volatility’s still breathable compared to 2020‑21, yet the directional fire, especially for ETH, is burning bright.
Stay Tuned
We’re on the edge, watching for the market to confirm whether this trend keeps rolling. Don’t miss the next wave—follow the updates and keep your eyes on the price tape.
