Put/Call Ratio 0.7 One-sided bullish; bears are pinned on the biggest pain point of $69,000. IV drops to 40%, indicating volatility is narrowing—this is a prelude to a big move: either a sudden surge or a waterfall.

Technically, it’s more bullish, but on the macro front it’s tied up with the Middle East “bomb.” Whether B72,000 can hold steady depends on the outcome of today’s US-Iran talks. The safest approach is to break above 75,000 and then confirm the trend; if it breaks below 65,000, then look for bearish momentum. As long as the Middle East doesn’t keep fighting, 75,000 isn’t a dream

$BTC