PANews reported on May 20 that HTX Research researcher Chloe (@ChloeTalk1) analyzed in the latest HTX DeepThink column that the recent crypto market is in a stage of "high sentiment and calm volatility". The options market shows that bullish sentiment is dominant, with the Call/Put position ratio as high as 1.55, and the premium of bullish contracts continues to rise; while the short-term implied volatility (IV) has been suppressed to an 18-month low of 35-40%. In this case, Bitcoin may hit a new high again in 30-45 days, possibly breaking through the $105,000-115,000 range. But at the same time, there is also the risk of high leverage accumulation. Once volatility soars or BTC effectively falls below $100,000, it may trigger a deleveraging stampede adjustment.

Chloe said that in the face of the current market, under the premise of controlling the total position, if part of the funds are rotated to high-quality altcoins with solid fundamentals and strong liquidity, it may be able to take on the spillover momentum brought by the rise of Bitcoin. Tracks worth paying attention to include the tokens of the leading project of the SUI ecosystem and AttentionFi represented by Kaito.