📉 Bitcoin Consolidation, Is the Market Entering a 'Free Oscillation' Mode? 📊
Greeks.live macro analyst Adam points out that this week the trading sentiment in the crypto market has cooled down, with the total options delivery halving and the short-term implied volatility (IV) significantly dropping! 📉
🔹 BTC & ETH Volatility Plummets!
Bitcoin's medium to short-term volatility has dropped below 50%, and ETH has also slid to around 60%, as the market gradually enters a low-volatility 'consolidation phase'. 📊
🔹 Whales & Institutional Strategies Turn Conservative!
As the quarterly delivery approaches, whales generally adopt a cautious strategy, while options market makers increase their selling pressure, tightening implied volatility and betting on the market continuing to consolidate in the short term! 📉
📌 The market is consolidating, is it 'gathering strength' or 'testing patience'?
🤔 Is a dark horse about to take off, or are the main players playing 'slow boiling the frog'? **What do you think?** 👇🔥