Greeks.Live: Option Market Indicates Optimistic Market Sentiment, Bull Market Likely to Continue
BlockBeats News, August 15th, Greek.Live analyst Adam posted on social media, stating, "As BTC hit a new all-time high again and ETH is about to approach its all-time high, the market experienced a somewhat unexpected pullback, with the main trigger being the higher-than-expected PPI. There were not many changes in the options market, with IVs of major expiries showing no significant changes, and Skew's fluctuation was relatively small.
However, the trading volume indicates the market's enthusiasm. Today, Deribit traded $10.9 billion in options, setting a new single-day record of over $10 billion in volume for the first time. The high trading activity indicates that the market remains confident about the future, and the bull market is likely to continue."
You may also like
Gainers
Latest Crypto News
Placeholder Partner: High-Quality Crypto Assets Could See a "Hundredfold Return" Opportunity Similar to US Stock Tech Giants in the Coming Decades
Shitcoin Season Index remains at a low level, currently standing at 22
Vitalik Calls for Zcash to Resist Token Voting Mechanism
PIPPIN Market Cap Surpasses $120 Million, Up Over 60% in the Last 24 Hours
Arthur Hayes: Maybe Monad Could Be the First to Fully Unlock Tokens and Challenge Ethereum and Solana
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]