Main password: US ETF net outflow for 2 consecutive days, BTC main trading exceeds $500 million, betting on this direction

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Capital is flowing out of Bitcoin and into altcoins, according to QCP Capital analysts — with Ethereum, Cardano, and Solana seeing gains of 5%, 9%, and 4%, respectively, in the past 24 hours.Bitcoin’s increase was more modest at 1.5%.The shift in market sentiment is highlighted by a 13% jump in the ETH/BTC ratio, which has recovered from a low of 0.0318 last Thursday to 0.0371 today.

BlockBeats News: On November 27th, Adam, a researcher at Greeks.live, posted on social media that BTC has been adjusting below $100000 for several consecutive days, while ETH has strongly broken through the key point of $3500. This has gradually shifted market attention from BTC to ETH, and the rise of ETH has also driven the overall recovery of altcoins. From the option data, it can be seen that BTC short-term option IV has surged and fallen significantly this week, while ETH has remained at a high level of over 80% and is showing a faint trend of breakthrough. The IV difference between the two has exceeded 20%. At the same time, we have observed that the bullish trend of ETH is significantly higher than the bearish trend. Based on the above situation, the options market currently believes that ETH has a higher explosive power and is worth buying bullish.

Odaily Planet Daily News: According to Adam, a macro researcher at Greeks.live, BTC has been adjusting below $100000 for several consecutive days, while ETH has strongly broken through the key point of $3500. This has gradually shifted market attention from BTC to ETH, and the rise of ETH has also driven the overall recovery of altcoins. From the option data, it can be seen that BTC short-term option IV has surged and fallen significantly this week, while ETH has remained at a high level of over 80% and is showing a faint trend of breakthrough. The IV difference between the two has exceeded 20%. At the same time, we have observed that the bullish trend of ETH is significantly higher than the bearish trend. Based on the above situation, the options market currently believes that ETH has a higher explosive potential for upward movement