Analysis: BTC and ETH volatility rises significantly as traders prepare for US election

Odaily Planet Daily Report: As Trump's probability of winning in the prediction market has declined after a series of positive poll results for the Democratic Party, even once lower than Vice President Harris' odds on the US regulatory market , the BTC price has fallen and volatility has risen sharply. According to an analysis by founder Nick Forster, the forward volatility of BTC and ETH has soared overnight, with BTC's volatility currently at 80.30%, higher than 72.20%, and ETH's volatility currently at 82.92%, higher than 75.40%. "This rise reflects that traders are preparing for the election results, which could have a significant impact on market prices," Forster predicted that there is a two-thirds chance that election night will lead to significant price fluctuations, "BTC's volatility range is between -8.97% and +9.85%, and ETH's volatility range is slightly larger, between -9.25% and +10.19%." He pointed out: "The total open interest of BTC's call options is 1,179 contracts, while the total open interest of put options is 885 contracts, which clearly shows that despite the potential volatility, the market is still inclined to be bullish." (The )