According to Odaily Planet Daily, Greeks.live macro researcher Adam stated on X: “Affected by the sharp decline of U.S. stocks such as Nvidia and Tesla, cryptocurrencies are also experiencing significant adjustments, with Bitcoin once again falling below $100,000, and altcoins suffering even steeper declines, leading to a shift in market sentiment towards pessimism.
In terms of options data, short-term IV has slightly rebounded but remains at a low level, with the market pricing for future volatility unchanged. The options skew and futures premium have also not shown significant changes. The mainstream view regarding this pullback is that it is influenced by the strength of the dollar and the decline in U.S. stocks, and the trend of Bitcoin has not changed; the bull market continues.
If one chooses to buy the dip now, the short-term call option at $100,000 offers great value, especially for Bitcoin's call option for this week.
