$BTC
Options just delivered a sharp jolt.
The $BTC -260626-95000 Call is trading at 1,680 after a steep 17.60% drop, wiping out nearly Rs469,000 in value in a single session. Price slipped from a 24h high of 2,040 down to 1,605 before finding temporary balance. Despite the selloff, the mark price is still sitting higher at 2,101, showing a clear gap between market fear and fair valuation.
24h volume remains active with over $119k traded, confirming this wasn’t a quiet fade but a decisive move. Short-term moving averages are completely flat, signalling heavy indecision and a pause after aggressive repositioning.
This is classic options stress behavior. Volatility spikes, premiums compress fast, and weak hands exit early. The next move will likely come from a sudden volatility expansion rather than slow price grinding.
Market is calm on the surface, but pressure is clearly building underneath..
#USIranStandoff #BitcoinGoogleSearchesSurge #RiskAssetsMarketShock