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Shunya.Trade Options Engine
Crypto Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.4% Moderate
Bitcoin (BTC)
Bearish76,750.91
-0.26%
Intraday
Bearish
Daily
Bearish
Weekly
Bullish
Monthly
Bearish
RSI (33.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 79,386 opens the door to further downside probing. Oversold at 34 — the tape has absorbed significant selling pressure. Defined-risk reversal plays gain merit. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. The structured approach identifies Long Put at 49% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support65,725.26
Resistance82,792.21
Moving Averages
21-day SMA79,214.44
50-day SMA75,837.16
100-day SMA72,273.76
200-day SMA81,268.75
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 33.9 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 82,792.21 |
| 23.6% | 78,764.41 |
| 38.2% | 76,272.63 |
| 50.0% | 74,258.73 |
| 61.8% | 72,244.83 |
| 78.6% | 69,377.59 |
| Low (100.0%) | 65,725.26 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 85,010.91 |
| Ext 1.272 (Up) | 87,434.42 |
| Ext 1.618 (Up) | 93,339.59 |
| Ext 1.13 (Dn) | 63,506.55 |
| Ext 1.272 (Dn) | 61,083.05 |
| Ext 1.618 (Dn) | 55,177.88 |
Trade Setup
Entry
76,750.91
Stop Loss
77,918.22
Take Profit
74,416.27
Risk / Reward
2.0
Sell
Top Options Strategies
Long Put49%
Buy OTM Put
Put Ratio Backspread49%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread46%
Sell Call + Buy higher Call
Ethereum (ETH)
Strong Bearish2,109.96
-0.87%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (22.4)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (2,273), the tape is in distribution mode. Sellers control the structure. At 22, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Strategy selection converges on Long Put (72%) — the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support2,011.80
Resistance2,464.78
Moving Averages
21-day SMA2,272.22
50-day SMA2,261.66
100-day SMA2,150.39
200-day SMA2,584.65
Moving Average Signals
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI is extremely low at 22.4 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price crashed below the lower Bollinger Band, indicating panic selling or extreme bearishness.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 2,464.78 |
| 23.6% | 2,357.88 |
| 38.2% | 2,291.74 |
| 50.0% | 2,238.29 |
| 61.8% | 2,184.84 |
| 78.6% | 2,108.73 |
| Low (100.0%) | 2,011.80 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 2,523.67 |
| Ext 1.272 (Up) | 2,588.00 |
| Ext 1.618 (Up) | 2,744.73 |
| Ext 1.13 (Dn) | 1,952.91 |
| Ext 1.272 (Dn) | 1,888.58 |
| Ext 1.618 (Dn) | 1,731.85 |
Trade Setup
Entry
2,109.96
Stop Loss
2,153.87
Take Profit
2,022.16
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put72%
Buy OTM Put
Put Ratio Backspread72%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread69%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Analyze perpetual funding rates across major exchanges alongside BTC options put/call skew for leveraged positioning signals.
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