Delta Research & Analytics

Covering the cryptocurrency derivatives markets.

The research & analytics arm of @Delta_Exchange

Chat with us:

[Delta Research & Analytics @analytics_delta]

📊 Bitcoin Options Outlook (Apr 24)

BTC hovering near $78K battleground ⚔️
🔹 Max Pain: $77,800
🔹 PCR: 1.41 (Neutral)
🔹 Heavy OI at 78K strike
Volatility cooling (IV 30%) while both bulls & bears stay active
Expect choppy moves near 78K before a decisive breakout.

[Delta Research & Analytics @analytics_delta]

⚡️ Key Economic Events This Week:

Tuesday
• 🇺🇸 Retail Sales & Housing data
• 🌍 US–Iran ceasefire deadline

Friday
• 📊 Michigan Inflation Expectations

All Week
• 📈 ~15% S&P 500 earnings

Earnings Watch
• AMZN, GOOGL (Apr 23)
• TSLA (Apr 28)
• META (Apr 29)
• AAPL (Apr 30)

💡 Trade all of this via US Stock Tokens on Delta:
SPX, NASDAQ, TSLA, AAPL, NVDA, COIN, META, GOOGL
⚡️ Macro + earnings = volatility opportunity

[Delta Research & Analytics @analytics_delta]

Ethereum is setting up for a major move ⚠️

Price is rising.
Leverage is rising even faster.
This combo usually doesn’t stay calm for long… 👇

[Delta Research & Analytics @analytics_delta]

BTC Options Outlook 📊

IV < RV → vol underpriced 📉
PCR 1.55 → bullish tilt 🐂
74k = battleground ⚔️
#BTC #Crypto #Options

[Delta Research & Analytics @analytics_delta]

BTC Update ⚡️

• Support intact: 65.6K–66.1K (0.6–0.78)
• Bullish Wave 3 needs breakout above 67K–68.4K supply
• Sustained move above 0.78 → upside continuation

⚠️ Invalidation: Break below 65.6K–66.1K

• Rejection at supply (0.38–0.78 zone) = short setups
• Downside target: 61K–62K

(Not financial advice. DOYR &Trade responsibly)

[Delta Research & Analytics @analytics_delta]

LTH-NUPL is near a key inflection point - profitability has dropped from 58% → 3% in just 142 days.
But here’s the catch: it’s still above zero.

That means:
Stress = high ✅
Capitulation = not yet ❌

Historically, true market bottoms form only when long-term holders go into net unrealized losses.
Right now, we’re likely in a late-stage stress phase, not the final bottom.
(Source- Cryptoquant)

[Delta Research & Analytics @analytics_delta]

ETF flows are turning

After heavy February outflows, Bitcoin ETFs have added ~38,000 BTC in the past month (~$2.6B inflow).

YTD flows still negative (~−4,000 BTC), but the rebound is significant and supporting price stability.

For BTC to break out of this range, sustained ETF demand will be key 📊

(Source- Cryptoquant)

[Delta Research & Analytics @analytics_delta]

In BTC options, what does a Put give you the right to do?

[Delta Research & Analytics @analytics_delta]

FOMC decision at 11:30 PM IST today, followed by Powell's press conference at 12:00 AM IST (19th march).

[Delta Research & Analytics @analytics_delta]

🇺🇸 ETF FLOWS: BTC and ETH spot ETFs saw net inflows last week.

BTC: $767.33M
ETH: $160.82M

[Delta Research & Analytics @analytics_delta]

📊 Market Snapshot

➡️BTC: Holding $73K - ETF inflows & whale accumulation
➡️ETH: +7% after BlackRock staked ETF launch
💰 Crypto Market Cap: $2.5T+

🌍 Macro Watch
Oil: $106
Gold: ~$5K

🏦 All eyes on the Fed decision
⚡ Volatility week ahead

[Delta Research & Analytics @analytics_delta]

US CLARITY Act Update:

Senator Bernie Moreno says the long-awaited crypto regulation bill could pass “hopefully by April.”

At the World Liberty Financial (WLF), Brian Armstrong said there’s now a “path forward” - a win for crypto, banks, and consumers under Donald Trump’s crypto agenda.

🪙 Polymarket odds of passage spiked to 90%, now at 72%.

#CryptoNews #USCLARITYAct #Coinbase #Bitcoin

[Delta Research & Analytics @analytics_delta]

🚀 #Bitcoin Update:

Bitcoin is holding strong near $68,100 (+0.58%) 💪

Right now, price is completing its Wave 2 correction (a short pullback before the next big move).

If this support holds, the next wave (Wave 3) could push Bitcoin towards $77K–$81K 🎯

After that, the bigger target could be $85K–$110K+
So what do you think- are buyers entering here or waiting for confirmation?
#BTC #Crypto #Bitcoin

[Delta Research & Analytics @analytics_delta]

Bitcoin open interest has plunged 55% from its all-time high-the sharpest drawdown since April 2023.

Leverage is washing out, positioning is resetting, and the market structure is shifting.

Big flushes often precede big moves.

[Delta Research & Analytics @analytics_delta]

✅ BTC completed ABC correction 🎯

As long as ≥ $66,399 holds → expect impulsive
1-2-3-4-5 toward ~$74,500

Break below 66,399 → possible retest 62k–64k Fib zone

Key confirmation: decisive close above B-high
@ $70,143 🚀
#Bitcoin #BTC #ElliottWave #Crypto

[Delta Research & Analytics @analytics_delta]

Crypto ETF Inflows (Feb 9):

💰 BTC Spot ETF: +$145M
💰 ETH Spot ETF: +$57M

[Delta Research & Analytics @analytics_delta]

⚡️ This Week in Economics & Crypto Watch:

➡️ Monday: Dec Retail Sales
➡️ Wednesday: Jan Jobs Report
➡️ Thursday: Jobless Claims + Jan Existing Home Sales
➡️ Friday: Jan CPI Inflation

Plus: 5 Fed speaker events throughout the week, more government shutdown data incoming.

💥 Biggest crypto mover: Friday’s CPI inflation- sets tone for Fed outlook & risk sentiment. #Crypto #BTC #ETH

[Delta Research & Analytics @analytics_delta]

BlackRock's Bitcoin ETF $IBIT hits $10B daily volume record as price drops 13%, second-worst day since launch, per Bloomberg's Eric Balchunas.

[Delta Research & Analytics @analytics_delta]

⚠️ Bitcoin Alert!

44% of BTC supply is now in loss, a zone that’s historically marked the beginning of bear market phases, according to CryptoQuant.

#Bitcoin #BTC #CryptoMarkets

[Delta Research & Analytics @analytics_delta]

ETF FLOWS: BTC and ETH spot ETFs saw net outflows on Jan. 29.
BTC: - $817.87M
ETH: - $155.61M