Options Trading Concepts Live - October 20, 2025 - Bitcoin Surges Amid Global Market Rally
Description
Bitcoin jumped over 4% on a broad risk-on day that saw gold, Ethereum and many commodities soaring. Ryan Grace noted this market cycle's character allows for continued upside while pointing to key technical levels to watch for Bitcoin (above $115) and Ethereum (above $42.50). Despite recent volatility, Ryan maintains his long-term bullish outlook on crypto, expecting eventual new all-time highs for Ethereum. The market showed swift volatility reduction with VIX down 10%, returning to contango after recent backwardation. Ryan emphasized sticking with larger market cap tokens like Bitcoin and Ethereum during current conditions rather than chasing smaller caps. He also noted the potential catalyst of pending ETF approvals and market structure legislation once the government shutdown ends.
United States
