Crypto界 News: According to a tweet from glassnode, during last week's rise of Bitcoin to $97,600, short-term options demand was strong, but the skew of longer-term options indicated that the market still priced in downside risks. Implied volatility was sold off as prices rose, suggesting that this rally lacks the typical conditions for a sustained breakout.
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Crypto界 News: According to a tweet from glassnode, during last week's rise of Bitcoin to $97,600, short-term options demand was strong, but the skew of longer-term options indicated that the market still priced in downside risks. Implied volatility was sold off as prices rose, suggesting that this rally lacks the typical conditions for a sustained breakout.