Greeks.live: Bitcoin's Rebound Breaks $70K Boosting Market Sentiment, But Options Metrics Don't Show Sustained Bullish Expectations
BlockBeats News, April 8th, Greeks.live posted on social media, stating, "Trump said yesterday that he would wipe out Iran, but today he announced a ceasefire agreement. Bitcoin quickly rose to $72,000, but the major term options IV is still decreasing, even the end-of-term options IV has decreased, with Skew experiencing a decrease in positive skewness. Meanwhile, due to the increase in RV, the VRP, which rebounded significantly yesterday, has fallen again."
From the perspective of options key indicators, the rebound above $70,000 still has a significant encouraging effect on the market, mainly because it has alleviated concerns about a black swan event triggering a crash, rather than expectations of a sustained price increase."
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.
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