According to Greeks.live analysis, market sentiment is cooling rapidly. BTC Dvol (Deribit Bitcoin Volatility Index) has fallen from a maximum of nearly 70% yesterday to the current 55%, and there is almost no futures premium.
Currently, judging from the positions of futures and options, there is insufficient upward momentum. The maximum pain point of the main options period is less than 31,000 US dollars, and the maximum pain point of the upcoming expiration month is only 28,500 US dollars. BTC may see a period of consolidation, and there may be some opportunities for ETH.