Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Greeks.Live researcher: The market has a strong bullish atmosphere and has entered the FOMO stage

Greeks.Live researcher: The market has a strong bullish atmosphere and has entered the FOMO stage

CointimeCointime2024/03/04 08:44
By:Cointime

A researcher at Greeks.Live, stated on social media that over the weekend, the options market had orders exceeding $5 million, almost all of which were buying call options. Some of them were combined with selling out-of-the-money options to reduce costs and create a bullish spread. Returning to Monday, BTC once again hit a new high for the year, with a large amount of short-term bullish spreads trading. Currently, the ultra-short-term IV has approached 80% across the board, and the market sentiment for long positions is strong, already entering the FOMO stage.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!