Greeks.live: Bitcoin Rebounds Above $70,000 Boosting Market Sentiment, But Options Indicators Show No Sustained Bullish Outlook

robot
Abstract generation in progress

On April 8, Greeks.live posted on social media, “Trump claimed yesterday that he would erase Iran, and today he announced a ceasefire agreement. Bitcoin quickly surged to $72,000; however, the implied volatility (IV) of major expiration options continues to decline, with even the IV of near-term options decreasing. The skew has also decreased due to upward incentives. Meanwhile, the rise in realized volatility (RV) has caused the volatility risk premium (VRP), which saw a significant rebound yesterday, to fall again. From the perspective of key options indicators, the rebound above $70,000 has clearly encouraged the market, primarily alleviating concerns over a crash triggered by a black swan event, rather than indicating expectations for sustained price increases.”

BTC4.77%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin