According to Odaily Planet Daily, Greeks.live macro researcher Adam posted on X: 'Due to the sharp decline in U.S. stocks, such as Nvidia and Tesla, cryptocurrencies have also experienced a significant adjustment, with Bitcoin falling below 100,000 dollars again, and altcoins experiencing even more severe declines. Market sentiment has turned pessimistic.
In terms of options data, the short-term IV has slightly rebounded but remains at a low level, with the market's pricing for future volatility unchanged. The option skew and futures premium have also not shown significant changes. The mainstream view on this pullback is that it is influenced by the strength of the dollar and the decline in U.S. stocks, but the trend of Bitcoin has not changed, and the bull market is still on.
If one chooses to bottom fish now, the short-term call option at 100,000 dollars is very cost-effective, especially for the weekly call options on Bitcoin.
