You’re analyzing an update on the previous VIX analysis. The VIX has been on a tear, building support at a major resistance level, now turned into support, and it shows no signs of weakness.
The VIX’s sharp recent surge reflects heightened volatility, signaling broader market instability or fear. Sustained upward momentum in the VIX could intensify bearish pressure on risk-on assets like BTC, as elevated volatility often correlates with increased risk aversion across markets.
Watch for a decisive break above the current levels, which may push VIX toward the next resistance zones (around 33+).Conversely, a drop below support (arround 20-) could indicate a return to stability and possibly a recovery in risk-on assets.
Follow CryptoTrading_KenStandfield on X, YouTube, and TradingView to dive deeper into the #CTKSMethod. Learn it once and apply it for a lifetime https://www.ctksmethod.org/a/ucw9g