According to BlockBeats, on November 17, Greeks.live researcher Adam posted on social media that the crypto market has cooled down, $90,000 has become an important battle point, US stocks represented by Tesla and Nvidia have performed poorly, and the crypto market has turned to Meme. These signals point to a more dangerous direction, and both directions have the potential for large fluctuations. This week's economic events and data are not important, the macro market is expected to be flat, and the correlation between crypto and macro is low.
The crypto market has entered a period of adjustment after a week of skyrocketing. The options market is relatively stable, and block trades and market interest rates are worth paying attention to. At present, the IV of major maturities is at a relatively low level. It is cost-effective to deploy some mid- and long-term ones. Historically, the market conditions in the fourth quarter are generally better. Now is still a good opportunity to buy.
In terms of the crypto interest rate market, the Bitfinex interest rate market has been relatively stable recently. When you encounter a suitable interest rate order, you can actively trade it. It is worth paying special attention to especially when there is a market trend.