Greeks.live researcher: ETF market is about to enter its final stage
Greeks.live researcher Adam expressed on social media: "Today is the day when ETF is expected to be approved, but Bitcoin instead fell below $45,000, hitting a new low in recent days. The intense volatility continues to push up RV, and there has been a slight rebound in short-term IV. We have mentioned multiple times in data analysis that the current bull market is very fragile.
In today's two consecutive declines, large-scale short sellers have clearly increased, mainly focusing on buying end-of-month put options. Short-term speculation is gradually cooling down, and monthly options are once again becoming the main trading objects. The ETF market will soon come to an end."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spot silver rises by 3%
Market Analysis: Gold Benefits from a Weaker Dollar and Investors Awaiting Key Data
Data: Whale address "0x8d0" opens a 20x leveraged ETH position with $3 million again
Banmuxia: Bitcoin moving averages converge to form key resistance; a breakout would be a crucial bullish signal
