ETH Gas

Gwei

Fear

Navigating Web3 tides with focused insights

Contribute An Article

Media Requests

Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号

Greeks.live: This pullback was mainly influenced by the sharp decline in U.S. stocks; the Bitcoin bull market remains intact

2025.01.08

Greeks.live: This pullback was mainly influenced by the sharp decline in U.S. stocks; the Bitcoin bull market remains intact

According to Adam, macro researcher at Greeks.live, in a post on X: "Affected by the sharp decline in U.S. stocks such as NVIDIA and Tesla, cryptocurrencies have also experienced significant adjustments. Bitcoin has once again fallen below $100,000, and altcoins have dropped even more sharply, turning market sentiment pessimistic. On the options front, short-term IV has slightly rebounded but remains at a low level, indicating unchanged market pricing for future volatility. Option Skew and futures premium have similarly shown no significant changes. Regarding this pullback, the mainstream view is that it's driven by a strong U.S. dollar and falling U.S. equities; Bitcoin's underlying trend remains intact—bullish."

2025.01.08 - 02:12:53

Navigating Web3 tides with focused insights

TechFlow news, January 8 — Adam, macro researcher at Greeks.live, wrote on X: "Due to sharp declines in US stocks such as Nvidia and Tesla, the cryptocurrency market has also seen a significant correction. Bitcoin has once again fallen below $100,000, while altcoins have dropped even more sharply, turning market sentiment pessimistic."

"In terms of options data, short-term IV has slightly rebounded but remains at a low level, indicating unchanged market pricing for future volatility. Options skew and futures premium have similarly shown no significant changes. The prevailing market view is that this pullback was driven by a strong US dollar and falling equities, but Bitcoin's underlying trend remains intact—the bull market is still ongoing. For those considering buying the dip now, taking a short-term bullish position on Bitcoin around $100,000 offers particularly attractive risk-reward, especially with weekly call options."