张无忌wepoets
--
The Federal Reserve has cut interest rates as expected, and Powell's remarks are hawkish, stating that a continuation of rate cuts in December is not certain. Does it feel familiar? Is it a form of market expectation management? The old fox is cunning.
Cryptocurrency is not rising but falling, seemingly diverging from the U.S. stock market. No need to rush; the overall direction remains bullish without a doubt. Let's analyze the short-term trend.
ETH is the most sensitive. From the implied volatility perspective, the implied volatility is rising across the board, the risk-reversal value has turned negative, and bearish sentiment is strong, with trading emotions being quite panicked.
From the change in open interest, the put positions at 3850 have surged, likely serving as insurance positions. However, there has also been a slight increase in bullish call options.
From the gamma exposure perspective, the negative gamma energy centered around 4K remains significant, and for some time to come, there will still be a 4000 battle, with huge volatility being quite suitable for grid trading.
It's still too early to say that cryptocurrency has entered a bear market; there is no need to be so pessimistic.
Confidence comes from grasping the larger trend. A short-term pullback allows for a vigorous long-term rise.
The target for ETH at the end of the year remains unchanged at 5K.
Wishing everyone to be friends with time and enjoy the rental income~
Cryptocurrency is not rising but falling, seemingly diverging from the U.S. stock market. No need to rush; the overall direction remains bullish without a doubt. Let's analyze the short-term trend.
ETH is the most sensitive. From the implied volatility perspective, the implied volatility is rising across the board, the risk-reversal value has turned negative, and bearish sentiment is strong, with trading emotions being quite panicked.
From the change in open interest, the put positions at 3850 have surged, likely serving as insurance positions. However, there has also been a slight increase in bullish call options.
From the gamma exposure perspective, the negative gamma energy centered around 4K remains significant, and for some time to come, there will still be a 4000 battle, with huge volatility being quite suitable for grid trading.
It's still too early to say that cryptocurrency has entered a bear market; there is no need to be so pessimistic.
Confidence comes from grasping the larger trend. A short-term pullback allows for a vigorous long-term rise.
The target for ETH at the end of the year remains unchanged at 5K.
Wishing everyone to be friends with time and enjoy the rental income~
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0