The Crypto Rundown 306: Is It Time to Strangle Bitcoin and ETH?

On this episode of The Crypto Rundown, Mark Longo is joined by Greg Magadini, Director of Derivatives at Amberdata, to break down a wild start to the year. As Bitcoin (BTC) slips back toward $88k and Ethereum (ETH) struggles to reclaim the $3,000 handle, the team explores why current market conditions are a prime setup for "strangling" volatility.

Inside This Episode:

• The Bitcoin Breakdown: BTC is down nearly 4,000 handles since the last show. We analyze the $88k support level and the shift in the 30-day volatility complex.

• Gold vs. Bitcoin Volatility: Why is a $34T asset like Gold currently showing nearly the same volatility as the $1.7T Bitcoin market? Greg explains the "Digital Gold" underperformance and what it means for the tape.

• The Rise of IBIT Dailies: Big news for liquidity! We discuss the launch of Monday and Wednesday weeklies for the BlackRock IBIT ETF and how "Zero Day" (0DTE) culture is officially entering the Bitcoin space.

• MicroStrategy (MSTR/MSTU) Mechanics: Analyzing the "canary in the coal mine." Is there a "death spiral" risk if BTC continues to slip, or are we on the verge of a massive short squeeze?

• Strategic Playbook: Why Greg is eyeing wide synthetic strangles and the "right tail" explosion. We also look at the massive bearish shift in weekly skew and what it tells us about trader sentiment.

• Altcoin Universe: Quick hits on Solana (SOL) volatility, the XRP sub-$2 struggle, and why Circle (CRCL) equity might be the most "serious" altcoin on your radar.

Key Resources & Links:

• Check the Data: Explore professional-grade crypto derivatives metrics at pro.amberdata.io .

• New AI Insights: Visit intelligence.amberdata.com for Amberdata's new AI-powered market intelligence platform.

• Follow the Network: Stay updated via X @Options and @Amberdataio .