Greeks.live: Before the Bitcoin spot ETF is approved, every drop is an opportunity to add positions
Adam, a macro researcher at Greeks.live, posted on X platform stating that after monthly delivery, the price of Bitcoin rose again, reaching a new high of $38,000 for the year; Dvol, which was originally expected to plummet to 51% after delivery, has been pulled back to the recent average level of 54%.
Currently, the market is very optimistic about the Q1 next year for (Bitcoin spot) ETF. Skew has maintained a significant positive bias for over a month, and market expectations are gradually becoming consistent. Before the ETF is officially approved, every drop is a good opportunity to increase positions.
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.
You may also like
Congress’s top priorities this lame duck session
Here’s a look at what lawmakers are most focused on in these final weeks of the 118th Congress
First-ever Dogecoin ETP debuts in Nordics as Elon Musk boosts interest in the crypto asset
BTC breaks through $94,000
The ZKasino project borrowed 12.38 million DAI from Aave again in the past 2 hours to go long on ETH
Trending news
MoreCrypto prices
More
