Greeks.live: The short-term impact of the ETF approval has essentially ended, and the market trends it brings need time to be digested

Bitget2024/01/18 03:31

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Macro analyst Adam from Greeks.live pointed out on the X platform that the short-term impact of ETF approval has essentially ended based on this week's market and data observations.

The volatility level of BTC has dropped to a new low within a month, with both major term RV and IV showing significant declines, and short-term IV plummeting below 45%. According to current options market data, institutions expect narrow fluctuations before the Spring Festival, and it will take time to digest the market brought by ETFs.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Greeks.live: The short-term impact of the ETF approval has essentially ended, and the market trends it brings need time to be digested

You may also like

Crypto prices