Greeks.live: The bearish power in the market has increased, but the long and short parties have remained relatively balanced overall.
Adam, a macro researcher at Greeks.live, posted on the X platform stating: "Bitcoin has fallen below the integer barrier of $40,000, and short-term IV has rebounded slightly while medium-term IV remains low. The overall volatility risk premium VRP has increased, and the Skew skew curve is biased towards bearish options.
The above data reflects that there is a certain amount of short-term panic in the market, and the bearish force in the market has strengthened. However, overall, the long and short sides are relatively balanced, and it is still a state of intense game."
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
BlackRock clients see Bitcoin as hedge amid rising US debt concerns
Former US President Donald Trump Made a Payment Using Bitcoin
The 45th President of the United States, Donald Trump, paid the bill using Bitcoin (BTC) at a venue he visited today. Here are the details.
Cencora Pays Record $75M Ransom in Major Cyberattack
In its July quarterly report, Cencora reported $31.4 million in expenses mainly due to the cybersecurity breach.
SEC settles with Rari Capital over DeFi pools, unregistered broker activity