SURPRISE! Our new data packed market update is here.

Trading ranges, performance dashboard, and correlations.

*|MC_PREVIEW_TEXT|* Hello my tasty friends, I hope you're all having a wonderful week. Please find our new market update and data dashboards below. In an effort to add value for the community and expand the content we're putting into the world, we're adding a new email to the rotation. A little tasty treat from the cave, if you will. You can expect to receive this data driven email every Wednesday and we'll continue to send the tastycrpyto newsletter "Next to Orange" on Saturday mornings.  Bitcoin ripping higher post CPI. The crypto market has recovered some of its losses over the past week, but still remains in negative territory on the month. Alts are also experiencing modest gains, though there's been no change in Bitcoin Dominance at 58%.   BTC and DOGE daily price momentum has shifted from bearish to neutral, while ETH and SOL continue to signal short-term bearish momentum. Long-term trend momentum remains bullish = BTD at the low end of the weekly expected move and take profits at the top of the range. Our approach to trading around our core position has not changed.    BTC and ETH implied volatility is starting to move higher, indicating larger weekly expected trading ranges. For now, Bitcoin's weekly expected move implies a continuation of the $90,000 - $110,000 range we've been in over the past couple of months.   Looking ahead, there are a number of catalysts on the horizon which could support higher prices over the next 3-6 months, with the first being the inauguration and the potential for immediate crypto related executive actions. We'll write more on this in the tastycrypto newsletter going out Saturday. Markets are catching a bid following the December CPI data, which was in line with expectations for a 2.9% y/y gain.  Short-term price momentum has shifted from bearish to neutral for BTC and DOGE, while elsewhere, momentum remains bearish in the short-term. If BTC continues its recovery and transitions back to bullish on a daily basis, we'd expect the rest of the market to follow, given the strong positive correlation between crypto assets. Implied volatility is starting to slowly climb higher, but is still in the middle of its yearly range, given the 1-year IV ranks of 48 and 60 for BTC and ETH respectively. At the current BTC spot price and implied vol, a move back to the top of the range and and all-time high is well within the realm of possibilities. 90-110k is still the range. No significant change to cross-asset correlations, though short-term correlations are elevated given the recent volatility we've experienced into the start of the year, post FOMC. We're looking for equity market volatility (VIX) to breakdown further, if volatility trends higher, we'd expect continued crypto market weakness and a strengthening of correlations as bitcoin/crypto will not be immune to a broader risk-off move in the markets. This is not our base case, but we're keeping an eye on the VIX. Please let us know what else you'd like to see here and how we can help add more value to your crypto investing/trading process. The tastycrypto Show: Mondays & Wednesdays from 4:30pm - 5:00pm Central BAG BATTLES: Mondays on the OTC Live Show from 11am - Noon Central LIVE on YouTube | LIVE on X | LIVE on tastylive Contact |  Blog  |   Learn If you no longer want to receive our communications, please click here. tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. and tastytrade, Inc. Neither tastylive, Inc. nor tastytrade, Inc. are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved, including volatile market prices, illiquid market conditions, lack of regulatory oversight, market manipulation, and other risks. tastylive, Inc., 19 N. Sangamon St., Chicago, IL 60607, United States