Bitcoin moved back into a volatile phase after breaking through resistance and entering the $82K–$83K area, according to Glassnode. The move ended weeks of tight compression and brought fresh attention to options positioning on Deribit.

Glassnode’s $BTCOptions Weekly data showed a market adjusting quickly beneath the surface. Short-term implied volatility picked up, skew shifted lower, and gamma exposure showed important strike zones that may shape the next phase of price