Greeks.live: crypto market enters correction after week of surge, major term IVs now at low levels
On November 17th, Greeks.live Macro Researcher Adam posted on the X platform that the crypto market has cooled down, $90,000 has become an important point of contention, U.S. stocks represented by Tesla Nvidia have underperformed, and the crypto market winds have shifted to Meme, all of these signals point in a more dangerous direction, with the potential for significant volatility in both directions. The crypto market is entering a correction after a surging week, the options market is more stable, and block trades and market rates are worth watching. Major term IVs are currently at low levels, and historically the fourth quarter has generally been a better market. On the crypto rates market front, the Bitfinex rates market has been relatively flat lately.
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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