October 18 Market Dynamic Analysis
1. Order data distribution
Bitcoin ($BTC):
There is a large amount of intensive trading orders in the 68368 to 69326 area above. There was also significant buy order below in the 66508 to 64418 area. Maximum order size: 64519.
Ethereum ($ETH):
There are relatively intensive buying orders in the 2655 to 2721 area above. There are also a large number of orders in the 2572 to 2481 area below. Maximum order size: 2526.
Note: A sell order emerged at the 68260 price point, in contrast to the buy order at the 59300 price point.
2. Volatility data
Bitcoin (BTC):
Implied Volatility (IV): Up slightly and at recent lows. Realized Volatility (RV): Sharply down, at extreme lows.
Ethereum (ETH):
Implied Volatility (IV): Slightly higher, still at recent lows. Realized Volatility (RV): Significant decline, indicating lack of market activity.
Volatility surface: The current difference is relatively high, so we need to pay attention to market changes.
Reminder: Exercise caution when experiencing rapid fluctuations.
3. Exercise analysis
The current market is mainly bullish: Bitcoin (BTC): There are more bearish exercise situations at 64,000 points. Ethereum (ETH): There is also a put strike at 2500.
4. Latest block transactions
Market situation:
The bullish and bearish ratios are close, and the market sentiment is slightly cautious.
Positions and Trader Sentiment:
Bitcoin holdings are lower. Ethereum’s holdings are higher.
Note: You need to pay attention to market fluctuations in order to adjust your strategy in a timely manner.
5. Overall situation
Overall bullish share of options: 50.8%
Ps: The bullish side is slightly above 50%, indicating that market sentiment is relatively cautious.
Position differentiation:
BTC & ETH: OI is extremely divergent: BTC-OI is at a low level. ETH-OI is at recent highs, favoring large investors. OI is at extremely low levels.
Ps: "Battle of Guandu" reminds you to pay attention to the emergence of extremely fast rolling fluctuations.
Summarize
This market dynamics indicates that there is a certain risk of volatility, and investors should remain vigilant and manage risks reasonably to achieve stable transactions.
