Woofun AI reports that Bybit’s weekly options analysis confirms a prior bullish bottom divergence for BTC, which rallied from a 21-month low to $64,000. ETH outperformed with gains from $1,550 to $1,834, though its put option holding ratio remains high at 1.25, indicating sustained institutional hedging. The report highlights that Federal Reserve Chairman Walsh emphasized inflation as the primary policy variable, making the July 14 CPI data critical for rate expectations. Technically, $57,800 serves as a support level, but BTC faces resistance at $63,500. With ETH’s 30-day implied volatility at 53% versus BTC’s 38%, the report suggests selling near-term ETH put options between $1,550 and $1,625 for an expected annualized return of 15% to 30%.