BlockBeats reports that on August 15, Greeks.Live analyst Adam posted on social media, stating, 'As BTC hits a new all-time high and ETH approaches its historical peak, the market has experienced a somewhat unexpected pullback, mainly triggered by PPI exceeding expectations. There hasn't been much movement in the options market, with the implied volatility for main expirations showing no significant changes, and the skew's fluctuations are also relatively small.
However, the trading enthusiasm in the market can be seen from the trading volume. Today, Deribit traded $10.9 billion in options, marking the first time a single day has exceeded $10 billion in trading volume. High trading enthusiasm indicates that the market remains confident about the future, and a bull market is likely to continue.
