Yesterday (25 MAR) market transactions slowed down due to the holiday, and U.S. bond yields fluctuated slightly, with the two-year/ten-year bonds currently at 4.235%/4.591% respectively. The three major U.S. stock indexes closed slightly lower. Digital currency concept stocks led the market with the help of the surge in BTC and ETH. CoinBase and MicroStrategy closed up 9% and 21% respectively.
Source: SignalPlus, Economic Calendar
Source: Binance & TradingView
In terms of digital currency, BTC and ETH rose further after the opening of US stocks, breaking through the 70,000 and 3,600 marks respectively, getting rid of the recent shock range, and BTC once again challenged the historical high. In terms of options, ETH IV gradually fell after breaking through 3600. A large number of Long put spread/ratio put spread became a hot topic in March and April, and the profits brought by this wave of rise were held at a relatively small cost. At the same time, 3750 Strike at the end of March There is still an obvious net inflow of bought call options above, which raises the front-end Vol Skew; in terms of BTC, the Vol Surface has a slight steepening change with the beginning of April as the fulcrum, and the Long Risky Flow at the end of March promotes the upward return of Vol Skew. Variety.
Source: Deribit (as of 26 MAR 16:00 UTC+ 8)
Source: SignalPlus
Source: SignalPlus, front-end Vol Skew returns upward
Data Source: Deribit, ETH transaction distribution
Data Source: Deribit, BTC transaction distribution
Source: Deribit Block Trade
Source: Deribit Block Trade
