Decoding Crypto: Trapped in a Holding Pattern with Crushed Volatility and Falling Volumes🥲
In crypto, prices remain caught in a holding pattern, while volatilities continue to be crushed as IVs continue to make new YTD lows with each passing day. Gross futures liquidation volumes have also fallen as positioning remain light, as stablecoin volumes have continued to drop and signaling a lack of participation recovery.
