BlockBeats news, on November 10, Greeks.live researcher Adam posted on social media that the U.S. election ended with a landslide victory for Trump, while Bitcoin simultaneously broke through its historical high, driving multiple mainstream cryptocurrencies to surge, and market sentiment is very high. The crypto world is now independent from other markets, often reflecting significant fundamental turning points first. Last Friday's interest rate meeting decided to cut rates by 25bps, and the fundamentals of the rate-cutting cycle are supporting the investment market. This period's at-the-money implied volatility has fallen below 60%, with strong selling pressure as sellers are offloading amid a major market rally.
The U.S. election ended with a Trump landslide victory. Last Friday's interest rate meeting decided to cut rates by 25bps, and the crypto market reacted strongly, with Bitcoin breaking through historical highs. Funding rates and futures premiums are strongly bullish. In terms of options, this period's at-the-money implied volatility has dropped to 80%, with strong selling pressure as sellers are offloading amid a major market rally. Currently, Bitcoin's short-term skew has risen sharply, while the medium to long-term skew has decreased, and the options market still needs to observe the movements of whales.
In terms of the crypto interest rate market, Bitfinex's interest rate market has been relatively stable recently, occasionally seeing high interest orders of 20%. When suitable interest rate orders arise, they can be actively traded, especially during market movements worth special attention.