what do you think will rise or will there be a correction read alondra crypto's article and comment👇

$BTC The crypto market experienced a much-needed boost on Thursday, following the recovery of U.S. stock markets. Bitcoin (BTC) rose by 5.4%, reaching $91,700 and outperforming most major tokens. The implied volatility index of BTC fell nearly completely, returning to 50%, suggesting calmer conditions.

Derivatives Positioning:

- Institutional Optimism: A bullish call condor (a complex options structure betting on a specific price range) for $6.5 million was placed with strikes between $100,000 and $118,000, indicating expectations for a possible "Christmas rally".
- Spot Buying: The price increase of BTC was driven by direct purchases and not by leveraged futures activity, indicating more genuine demand.
- Risky Altcoins: Open interest in altcoin futures like ETH, SOL, and ZEC disproportionately rose, suggesting that traders are using leverage to trade these tokens, which increases risk.
Altcoins and Fear:
- The "altcoin season" indicator remains low (22/100), showing that investors still prefer the relative stability of BTC.
- Despite this, tokens like SKY, DASH, ETHFI, and AVAX recorded strong gains. However, the average Relative Strength Index (RSI) of the market is approaching the "overbought" zone, with some tokens already firmly in it, warning of a potential short-term correction if demand does not hold.

Considering that liquidity remains low and that the RSI of many altcoins is overheated.

Do you think the momentum of this Thursday is the start of the year-end rally or is it a liquidity trap before a correction?

{spot}(BTCUSDT)