PANews January 8 news, Greeks.live macro researcher Adam stated that due to the sharp decline in US stocks such as NVIDIA and Tesla, the cryptocurrency market has also experienced a significant adjustment, with Bitcoin once again falling below $100,000, and altcoins seeing even sharper declines, leading to a pessimistic market sentiment.
In terms of options data, short-term implied volatility has slightly rebounded but remains at a low level, with market pricing for future volatility unchanged. Neither the options skew nor the futures premium has shown significant changes. The mainstream view regarding this correction is that it is influenced by a strong dollar and the decline of US stocks, and the trend for Bitcoin has not changed; the bull market is still ongoing.
If one chooses to buy the dip now, a short-term call option at $100,000 is very cost-effective, especially for Bitcoin's weekly call options.