Greeks.live: The market is currently in a downtrend, and September has historically been a month of relatively weak funding.
BlockBeats News, September 4th, Macro Researcher Adam from Greeks.live tweeted, "The market is clearly in a downtrend, with BTC's short-to-medium-term IV rising to 40% and ETH's short-term IV rising to 70%. The increase in short-term IV represents the market's anticipation of higher volatility this week. The decline in crypto-related stocks in the US stock market, especially the MicroStrategy series of stocks, is the trigger for this downturn. September has historically been a month of weak funding flows, but funding will be more abundant in the last quarter. The trading volume of put options today is also rapidly increasing, with a total transaction volume of $1.17 billion, accounting for 30% of the total daily trading volume, indicating a defensive mindset prevailing."
You may also like
Gainers
Latest Crypto News
Japan's Interest Rate Hike Signal Triggers "Bloodletting" Worries in U.S. Markets, Fed's Rate Cut Prospect May Change
Lily Liu Criticizes The New York Times for Biased Reporting on Innovation and AI
BlackRock: Tokenization is evolving at a pace comparable to the early Internet, poised for significant growth
Whale "pension-usdt.eth" yesterday saw its ETH long position fall below the average price, with a position size reaching $56 million.
Dark Pool DEX HumidiFi to Launch ICO, Leading in Trading Volume Among Solana Ecosystem DEXs
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com