Greeks.live: Market Risk-off Sentiment Rises, Bitcoin Could See a Sudden Move Post Quarterly Expiry
BlockBeats News, June 24th, Greek.live researcher Adam wrote that the current BTC put options are quickly being traded, with more than one-third of today's large options trades being Put, mainly concentrated in put options expiring at the end of this month with a strike price between $60,000 and $63,000, showing an increase in market hedging sentiment.
In the past two days, the U.S. stock market has experienced an increase in volatility, with the risks accumulated in the market being released, affecting the crypto market, which has seen a certain degree of pullback. There are concerns in the market about a simultaneous decline in multiple markets. It is believed that as the quarterly settlement approaches, combined with a prolonged period of low volatility, BTC is likely to see a sudden market move.
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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