According to QCPgroup, volatility markets indicate strong bullish sentiment for Bitcoin. Despite sideways movement in the spot market, crypto volatility remains firm, and BTC call skew is holding steady across different tenors. This structural call skew suggests sustained bullish positioning among traders and could impact short-term trading strategies, favoring options hedging and leveraged long positions. Source: QCPgroup Twitter, May 19, 2025.

According to QCP, President Trump hinted at a significant trade deal this morning, with speculation centering on the UK. The announcement, though lacking in concrete details, triggered a pronounced risk-on reaction across global markets. Crypto traders saw immediate bullish momentum as risk appetite increased, leading to higher trading volumes and short-term price upswings in major cryptocurrencies (Source: QCPgroup, May 8, 2025).