Greeks.live: According to the data on commodities and options, it is very likely that there will be the next wave of increase before this weekend

2024-03-13 11:03:58
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ChainCatcher message, Greeks.live macro researcher Adam posted on the X platform that the strong bullish sentiment for Bitcoin breaking through $70,000 has cooled, with BTC Dvol dropping from nearly 90% to 78%, which is at a recent average level. The implied volatility (IV) of major term options has also significantly decreased over the past three days.

Observing that this round of bull market often sees a surge when sentiment cools, looking at the commodity and options data, it is very likely that there will be another wave of increase before this weekend. The current short-term IV has clearly retreated, making it a good time to buy short-term options.

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