TechFlow news, on February 14, Greeks.live analyst Adam posted on social media stating that this week's market has remained weak and range-bound. Despite multiple positive signals from the U.S. government, the market has shown little reaction, with implied volatility (IV) dropping to its lowest level in nearly a year.
Since BTC effectively broke below the $100,000 mark, large options traders have been continuously selling medium- and short-term call options. While there has been a noticeable increase in large-volume call option trades, big put option transactions have declined, indicating that although the market remains unconvinced about an upward move, fear of further downside has also diminished.
Institutional players generally believe February will be a "dead period" with no significant market movements, and indeed, the market appears to genuinely lack both catalysts and capital inflows.
