10x Weekly Crypto Kickoff – Catalysts vs. Capital Outflows

The report covers derivatives positioning, volatility trends, and funding dynamics across Bitcoin and Ethereum, along with sentiment, technical signals, ETF and stablecoin flows, option activity, expected trading ranges for the next 1–2 weeks, and key upcoming market catalysts.

Why this report matters

Markets are entering a critical inflection point: macro catalysts are lining up just as crypto positioning unwinds and volatility begins to reprice higher. Bitcoin has slipped into a technically attractive zone, but ETF outflows and stalled stablecoin growth raise questions about whether fresh liquidity will follow. Ethereum, meanwhile, has seen leveraged longs unwind aggressively — yet call buyers are suddenly stepping in with conviction. Option markets are quietly signaling something big, with front-end implied volatility jumping and skew flipping in ways we haven’t seen for months. Sentiment has bounced off “fear” levels — but is this the start of a recovery or just a temporary relief before another leg lower?

Market Updates