Greeks.live: This market pullback is mainly influenced by the strong dollar and the decline in U.S. stocks, while the Bitcoin bull market is still ongoing
ChainCatcher message, Greeks.live macro researcher Adam posted on X: "Affected by the sharp decline of U.S. stocks such as Nvidia and Tesla, cryptocurrencies have also undergone significant adjustments, with Bitcoin falling below $100,000 again, and altcoins experiencing even steeper declines, leading to a shift in market sentiment to pessimism.In terms of options data, short-term IV has rebounded slightly but remains at a low level, with the market's pricing for future volatility unchanged. The options skew and futures premium have also not shown significant changes. The mainstream view regarding this pullback is that it is influenced by the strength of the dollar and the decline of U.S. stocks, and the trend of Bitcoin has not changed; the bull market is still ongoing.If one chooses to buy the dip now, the short-term call option at $100,000 is very cost-effective, especially for Bitcoin's weekly call."