1. Order data distribution
$BTC There are a lot of concentrated orders from 62488 to 64964 above. There are a lot of concentrated orders from 60221 to 59426 below. The maximum order level: 59788.
$ETH There are a lot of concentrated orders from 2446 to 2569 above. There are a lot of concentrated orders from 2352 to 2326 below. The maximum order level: 2341.
Note: The huge orders prompted by BTC and ETH yesterday have been largely digested. The recent order data is extremely abnormal. Don't hold orders.
2. Volatility data
BTC:
Implied volatility (IV): slightly down, at a high level
Ps: High IV usually indicates that the market's expectations for future price fluctuations have increased.
Realized volatility (RV): slightly up, at an extremely low level
Ps: Extremely low RV may indicate a lack of market activity.
ETH:
Implied volatility (IV): slightly down. Actual volatility (RV): slightly down, at an extremely low level
Ps: The lower RV reflects the lack of market activity.
Volatility surface: abnormally high, with a large term difference.
3. Exercise analysis
The exercise on that day was mainly bullish, combined with the option block trading: BTC: There were a large number of bearish exercises at 64,000. ETH: There were a large number of bearish exercises at 2,500.
Note: The pattern of building steps, beware of the rapid single-root fluctuations after back and forth.
4. The latest block trading
Overall situation of options:
Putative end ratio: 54.4%
Ps: The put end is slightly higher than 50%, indicating that the market sentiment is cautious.
Positions and trader sentiment:
BTC & ETH: OI is severely differentiated: BTC-OI is at a low level. ETH-OI is at an extremely high level, biased towards large investors. OI difference is significantly differentiated, BTC-OI is at an extremely low level, and ETH-OI is at a high level.
Ps: ETH data is extremely abnormal, and you need to pay attention to mild extreme volatility and "stair climbing" phenomenon.
Yesterday's market: 59300 traded a large number of buy orders, with the same proportion as 65280 sell orders.
This market dynamic shows the potential risk of extreme volatility, especially when the market orders and volatility data are abnormal, investors need to remain vigilant, operate cautiously, and avoid blindly holding positions.
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