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Greeks.live: Today’s only two big deals over $20m

Greeks.live: Today’s only two big deals over $20m

2024/03/18 13:00

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that Bitcoin trading activity is now significantly affected by US stock trading hours. Weekend trading activity is poor and the market is relatively sluggish.

Today's large transactions are almost all done in spread combinations, with the largest number of sales being bullish spreads, followed by selling bearish spreads. The market sentiment of mainstream currencies has been relatively stable in recent days.

Today there are only two large transactions exceeding US$20 million. One is bullish to above 70,000, and the other is bearish to below 65,000. It can be said to be tit for tat. The current trend is weak, IV is still in the high range, and the profit-loss ratio of selling has begun to increase.

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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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