Greeks.live: The cryptocurrency market showed a V-shaped reversal last week, with April being the month with the deepest correction in nearly a year
ChainCatcher news, Adam, a macro researcher at Greeks.live, posted on platform X stating that there are fewer important macro events and crypto-related events this week. Last week was a big news week with significant fluctuations in cryptocurrencies. The characteristic of being affected by various types of news is still evident in the crypto world now. There are several macro-related news items this week but their impact is limited; barring any surprises, the Federal Reserve will maintain current interest rates for the next few months.
The entire cryptocurrency market underwent a V-shaped reversal last week, making April the month with the deepest correction in nearly a year. Dvol has rebounded slightly and currently short-term IV stabilizes around 55%, which aligns with our judgment from last week that recent major term options IV will gradually move towards stability between 55%-60%. In the short term, you can choose terms and prices with lower IV to continue buying options as they offer great value for money.
In terms of cryptocurrency interest rate markets, Bitfinex spot whales have started to continuously bottom out. You can often encounter orders offering an annualized interest rate of 20% in Greenleaf's interest rate market; when encountering suitable interest rate orders it's advisable to actively trade - using high-interest models may bring pleasant surprises.
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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