Greeks.live: The crypto market enters a correction after a week of soaring, while the options market remains relatively stable
ChainCatcher news, Greeks.live researcher Adam 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, has been poor, and the crypto market is shifting towards Meme, all of which point to a rather dangerous direction, with both directions having the potential for significant volatility. This week's economic events and data are not important, and macro market expectations are flat, with a low correlation between crypto and macro.
After experiencing a surge last week, the crypto market has entered a correction, while the options market remains relatively stable. Large trades and market interest rates are worth paying attention to. Currently, the implied volatility for major maturities is at a low level, making it a good opportunity to position for some mid to long-term value. Historically, the fourth quarter tends to perform well, and it is still a good time to buy.
In terms of the crypto interest rate market, Bitfinex's interest rate market has been relatively stable recently, and suitable interest rate orders can be actively executed, especially when there is market movement, which is worth paying special attention to.