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Greeks.live: BTC Dvol fell to 75%, the entire market is relatively weak

Greeks.live: BTC Dvol fell to 75%, the entire market is relatively weak

2024/03/18 08:24

Deep Tide TechFlow News, Greeks.Live researcher Adam released this week's important events and market trends outlook.

He mentioned that BTC fell into a correction last week, leading to the overall market being relatively weak. BTC Dvol dropped to 75%, and with the rapid rise and quick fall of Meme, the market sentiment has cooled down. The market IV may not reach new highs in the short term. The cost of buying options has decreased, making it a higher-risk choice compared to futures.

In terms of the crypto interest rate market, large spot traders are gradually reducing leverage. The green leaf interest rate market is relatively sluggish, so it is recommended to hold onto previous high-interest orders for now.

Important events this week:

- CME Group launches Euro-denominated Bitcoin and Ethereum futures
- NVIDIA AI Conference GTC
- 3/19 Tuesday:
   - Bank of Japan announces interest rate decision
   - Reserve Bank of Australia announces interest rate decision
- 3/20 Wednesday:
   - ECB President Lagarde delivers a speech
- 3/21 Thursday:
   - Federal Reserve Interest Rate Decision
   - US Initial Jobless Claims 
   - Bank of England Interest Rate Decision

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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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