Bitcoin breaks new highs, options market sellers are strong

avatar
Wu Blockchain
3 days ago
This article is machine translated
Show original
According to Greekslive, the US election ended with a resounding victory for Trump, the Fed's interest rate decision last Friday to cut rates by 25 Bp, the crypto market reacted strongly, with Bitcoin breaking its historical high, funding rates and futures premiums are strongly bullish, in the options market, the at-the-money IV has dropped below 60% this week, with the sellers being the strongest force, selling into the big market. Currently, the short-term skew of Bitcoin is tilting sharply upwards, but the medium and long-term skew is declining, the options market still needs to observe the movements of the .

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
3
Add to Favorites
2
Comments