Waiting For Volatility

Market update, performance dashboard, and trading ranges.

*|MC_PREVIEW_TEXT|* Hello my tasty friends, please find our mid-week update below. Waiting for Volatility. Not much has changed since last week. BTC relative outperformance keeps on outperforming. The Fed did its thing today... As expected no change to rates while Powell warned of increased stagflationary uncertainty. - If that's the direction we're headed in, you're going to want to own some coin. Momentum is bullish, volatility is at multi-month lows, while the price of BTC sits in the middle of its larger 75k-110k range. Please see the performance dashboard and expected trading ranges below. Expect some chop, trade the range, and lean in the direction of the trend. When something changes, we'll have more to say. BTC relative outperformance continues. Like I mentioned last week, I'm more apt to stick with what's working, and it's been bitcoin over everything.  Outside of BTC we're seeing a negative shift in price momentum across XRP and DOGE as both have moved from bullish to neutral on the daily timeframe.  BTC market cap dominance now above 65 and climbing. Big ETF flows are back. Volatility continues to fall, with BTC implied vol at a 6-month low, while ETH implied volatility is also nearing a multi-month low.  BTC's weekly range is still flashing 100k.  Correlations: Updated - 5/5/25 - 3:00 PM CT Relative performance (weekly): ETH/BTC  -2% SOL/BTC  -2% SOL/ETH  -0.25%   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