The post Concerns Ease, Bitcoin Firms and Altcoins Diverge appeared on BitcoinEthereumNews.com. The crypto market remained in a buoyant mood on Thursday as bitcoin BTC$92,459.83 traded near its weekly high around $93,500 and ether ETH$3,141.26 rose to $3,200 after completing its Fusaka upgrade. The Fear and Greed index advanced to 27/100, exiting the “extreme fear” zone as a degree of optimism begins to enter the market. It’s worth noting that bitcoin and the majority of other tokens remain in downtrends since early October, forming a series of lower highs and lower lows. To break the trend bitcoin needs to begin forming highs above $98,500, which would show signs of a meaningful bullish reversal. The CoinDesk 20 (CD20) Index added 1.13% in the past 24 hours as the market began to build on Tuesdays’ rally. Derivatives positioning Bitcoin’s options-based 30-day implied volatility index, BVIV, declined to 48.44%, the lowest since Nov. 14, reversing the pop to 65% on Nov. 21, when spot prices fell to nearly $80,000 on some exchanges. The drop invalidates the bullish trendline from September, pointing to a low-volatility environment ahead, which supports the bull case in the spot price. The ether volatility index fell to 72%, the lowest since Nov. 3. On Deribit, BTC puts continue to draw premium to calls across all time frames while ether options show slight bullishness after the August 2026 expiry. It’s a sign of persistent demand for protective puts and call overwriting strategies. The $100K call has once again become the most popular options play, boasting an open interest of $2.82 billion. Strangles dominated block flows in both bitcoin and ether. In the futures market, ZEC has seen an open interest (OI) growth of over 6% in 24 hours and ETH’s OI has increased by 4%. There are signs of speculative activity in FART futures, where OI has increased by 22%. Token talk… The post Concerns Ease, Bitcoin Firms and Altcoins Diverge appeared on BitcoinEthereumNews.com. The crypto market remained in a buoyant mood on Thursday as bitcoin BTC$92,459.83 traded near its weekly high around $93,500 and ether ETH$3,141.26 rose to $3,200 after completing its Fusaka upgrade. The Fear and Greed index advanced to 27/100, exiting the “extreme fear” zone as a degree of optimism begins to enter the market. It’s worth noting that bitcoin and the majority of other tokens remain in downtrends since early October, forming a series of lower highs and lower lows. To break the trend bitcoin needs to begin forming highs above $98,500, which would show signs of a meaningful bullish reversal. The CoinDesk 20 (CD20) Index added 1.13% in the past 24 hours as the market began to build on Tuesdays’ rally. Derivatives positioning Bitcoin’s options-based 30-day implied volatility index, BVIV, declined to 48.44%, the lowest since Nov. 14, reversing the pop to 65% on Nov. 21, when spot prices fell to nearly $80,000 on some exchanges. The drop invalidates the bullish trendline from September, pointing to a low-volatility environment ahead, which supports the bull case in the spot price. The ether volatility index fell to 72%, the lowest since Nov. 3. On Deribit, BTC puts continue to draw premium to calls across all time frames while ether options show slight bullishness after the August 2026 expiry. It’s a sign of persistent demand for protective puts and call overwriting strategies. The $100K call has once again become the most popular options play, boasting an open interest of $2.82 billion. Strangles dominated block flows in both bitcoin and ether. In the futures market, ZEC has seen an open interest (OI) growth of over 6% in 24 hours and ETH’s OI has increased by 4%. There are signs of speculative activity in FART futures, where OI has increased by 22%. Token talk…