Greeks.live: Only two block trades over 20 million dollars today

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that Bitcoin trading activity is now significantly influenced by U.S. stock trading hours, with poor trading activity over the weekend and a generally sluggish market.

Today's block trades were almost all executed as spread combinations, with the most transactions being sell call bull spreads, followed by sell put bear spreads. The market sentiment for mainstream coins has been relatively stable in recent days.

The only two block trades today exceeding 20 million dollars had one side bullish above 70,000 and the other side bearish below 65,000, which can be seen as a direct counter. The current trend is weak, implied volatility (IV) remains in a relatively high range, and the profit-loss ratio for selling is starting to improve.