According to Omkar Godbole (@godbole17), traders should monitor the spike in the oil volatility index (OVX), as increased volatility in oil markets can signal risk-off sentiment that may impact correlated assets, including cryptocurrencies such as BTC and ETH. Historically, sharp moves in OVX have preceded shifts in crypto price trends due to changes in global risk appetite (Source: Twitter, Omkar Godbole, June 22, 2025).