Market Sentiment, September 16.

[Victornomics]

Bitcoin has got people feeling hopeful, but a bit careful at the same time. With $4.3B in BTC options set to expire, traders are bracing for volatility, especially since puts slightly outweigh calls. Still, the mood is turning more bullish as prices recover from September’s lows. Short-term holders are finally cutting their losses a move that often signals a reset before momentum picks up again. Big players are stepping in too, with BlackRock preparing a UK Bitcoin ETF and JPMorgan highlighting stronger institutional adoption.

Ethereum is driven more of fundamentals today. A new partnership between Huajian Medical and ETHK Group is pushing forward the idea of tokenized real-world assets and compliant financial products, keeping Ethereum central to the next wave of on-chain finance. After a pullback, ETH is consolidating, but trading volumes show demand hasn’t dried up. Overall, despite some sharp altcoin corrections like CARDS. It's currently in a correction phase after a parabolic rise, it's listing on BingX Perpetual Futures has made it easy to track some particular zones for trade entries.

 

What market condition do you trade most, bullish or bearish?