Research: Crypto market enters correction after a week of surge, options market relatively stable

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ODAILY
11-17
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Odaily Planet Daily Report: Researcher Adam of Greeks.live posted on social media that the crypto market has cooled down, with $90,000 becoming an important battleground. The performance of U.S. stocks represented by Tesla and NVIDIA is not good, and the crypto market trend has turned to . These signals all point to a relatively dangerous direction, with the potential for large fluctuations in both directions. This week's economic events and data are not important, and the macroeconomic outlook is flat, with a relatively low correlation between crypto and the macro market. After experiencing a bullish week, the crypto market has entered an adjustment period, with the options market relatively stable. Large transactions and market interest rates are worth watching. Currently, the main term IV is at a relatively low level, and it is a good opportunity to deploy some medium and long-term cost-effective positions. In the rate market, the rate market has been relatively stable recently, and suitable rate orders can be actively traded, especially when there is market activity.

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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.
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