Recommend an ETH drawdown prevention strategy. Buy a little.
CPI will be announced on Wednesday, it might be a turning point.

Let's wait for the data together!

Betting on a big dip, recommending a strategy for reference.

Weekend surge, if US stocks continue to rise on Monday, be careful

Those with high leverage should recognize losses and reduce leverage

The judgment of the pullback was strongly interrupted by the bulls

Cannot hold on stubbornly, manage risk well

Sol callback looks at 178

If it breaks 210, just accept the loss and close the position

Overall still bullish, but predicting 500 is a bit ridiculous

Looking at 300, which is more suitable for the current macro environment

The above strategy is implemented using options, which is more stable than contracts

Can simultaneously earn time value and volatility reduction returns.

Will there be a callback on the weekend?
I've been waiting for a callback, the sooner the better for peace of mind.
The big pie will reach new highs later, probably after the king understands and takes over the White House.
In the long run, both the price and volatility will return to the middle track.
Price return is the main theme.

No need to analyze strategies these days, it's still Trump time

Let's get back to rationality next week

You can ambush price regression and volatility reduction in advance

Trump won, haha sister lost. Are you ready to hedge against the downturn?

The script for the big pancake's pullback is on the way.

Hope Harris wins.

Before the election results are announced, no more openings

Avoid this time of high volatility

Safety first

For those with spot goods, put on insurance!

[Recommend an indicator gamma level GEX to assist in trading decisions]

Islanders who do sol options can pay attention to the price range of 160 to 165. Especially the gamma level before November 8, which is obviously negative.

This means that when it falls to 160, it will most likely continue to plummet, and when it rises to 165, it will further soar. Therefore, these two price levels can be used as breakthrough points or stop loss points. It depends on everyone's strategy choice.

In a positive gamma environment, market makers will buy spot when the stock market falls and sell spot when the stock market rises, which will shrink market volatility. In a negative gamma environment, market makers will sell falling spot and buy rising spot, which will cause market volatility to expand.

$SOL

Have you sold the facts in advance?

This drop at the moment has avoided a flash crash after the election, which is a good thing.

But, is Uncle Trump really destined to lose?

There are still uncertainties!

【11.1 Ice and Fire Island Strategy: Inflation data may lead to a slowdown in interest rate cuts, US stocks and cryptocurrency market retreat, election trading risks dissipate in advance】

Last night, the inflation data favored by the Federal Reserve was released, significantly dampening expectations for a large interest rate cut. The US core PCE price index rose 2.7% year-on-year in September, unchanged from the previous value, exceeding the expected 2.6%; the core PCE price index rose 0.3% month-on-month, the highest level since April of this year. After the data was released, the market expects the Federal Reserve to cut interest rates by 25 basis points in both November and December.

With the uncertainty of the non-farm payroll data announcement approaching, US stocks opened lower yesterday. The S&P 500 closed down 1.86%, the Dow Jones closed down 0.90%, the Nasdaq closed down 2.76%, the Russell 2000 closed down 1.63%, and the VIX fear index rose 13.81%. All seven sister stocks, including Nvidia, closed down.

The cryptocurrency market also fell in tandem. Bitcoin ETF saw a net outflow of 178 million, and Ethereum ETF saw a net outflow of 36.6 million.

As for the reasons for the decline, it mainly stems from the retreat in US stocks leading to risk-averse sentiment. Additionally, the main players are taking profits at highs before the election to avoid election risks. Overall, this decline is the most appropriate trend at this time, reducing election trading risks. Volatility also slightly declined, lowering the buyer's cost for election day bets.

For traders speculating on election trading, it is advisable to control risk and make limited bets, without getting too carried away. Although the election contains opportunities for significant volatility, the decline yesterday has already released considerable energy, and it is very likely that it will result in a sideways market after the election results are announced. Be cautious of the possibility of double buys being trapped.

In the current market, reduce greed and increase patience, and quietly wait for the election results. Furthermore, the transmission of results to the US stock market and cryptocurrency market also takes time. Although the probability of a Trump landslide victory is high, it also depends on whether the Republican Party can gain an advantage in congressional seats. If the current trend of a divided Congress continues, with the Republicans controlling the House and the Democrats controlling the Senate, then the impact of the election results on the economy will be weakened.

Options traders should closely monitor changes in volatility. No matter how things change, volatility does not lie. Trading based on results in conjunction with volatility allows one to disregard price fluctuations and profit calmly.

For more details, feel free to follow my Binance column.
$BTC
$ETH

No strategy sharing today, the same view as yesterday, don't get carried away.

Sellers, avoid election risks, open positions after the results are out.

Buyers, I wish you good luck! Good night

[10.29 Ice and Fire Island Strategy: Take profits at highs? Steady pursuit of gains? Options provide the most stable way to deal with the surge]

Yesterday, U.S. stock indexes rose collectively, but technology and energy stocks closed down. S&P closed up 0.27%, Dow closed up 0.65%, Nasdaq closed up 0.26%, Russell closed up 1.63%, and VIX panic index closed down 2.61%.

Today, the three major stock index futures in the U.S. stock market rose and fell before the opening, with Nasdaq futures up 0.04%, S&P futures up 0.02%, and Dow futures down 0.02%. Popular Chinese stocks rose. In contrast, the three major A-share indexes closed down collectively today, and the ChiNext fell more than 2%.

Before the U.S. election, the economic data and market trends of China and the United States were in a state of anxiety and confusion, and it was difficult to judge the direction.

Today, the currency circle received positive news from Trump's trading sentiment, and Bitcoin rose strongly to break 7, boosting trading sentiment. Sol broke through 180. From the perspective of volatility, the implied volatility of Bitcoin has been steadily rising, while the implied volatility of Ethereum is still sideways, highlighting its weakness.

Yesterday, Bitcoin ETF had a net inflow of 473 million, and Ethereum ETF had a net outflow of 1.1 million. The market showed a general rise driven by the strength of Bitcoin. According to statistics, 99% of Bitcoin holding addresses are in a profitable state.

Has the market reached the critical point of a full month and a loss? Will there be a sharp drop after the US election?

At present, the valuation of US stocks is inflated, and the stock and bond yields are inverted. The market is indeed facing risks. Once Bitcoin in the currency circle breaks through the previous high, whether it will usher in a high-sell is the biggest concern that bothers traders.

As an option trader, this problem should be solved.

On the one hand, continue to reduce positions and pocket the profits. On the other hand, if you are reluctant to sell the spot, you can buy some of the profits for downside insurance.

That is, buy out-of-the-money put options (put) after March next year. The strike price can be set near the middle track of the weekly Bollinger band. Once there is a retracement, insurance will prevent losses from expanding. If you want to retain more profits, set it around 65,000, which can also avoid losses caused by the price falling below this strike price.

What should friends who missed out on the opportunity do if they want to chase the rise with low risk? You can sell the 65,000 put in December and chase the rise steadily. Even if the Bitcoin price falls back, as long as it does not break 65,000, the put seller will still make a profit.

For more details, please follow my Binance column.

Yesterday warned of huge fluctuations, today it skyrocketed, really showing respect. Haha
Is anyone missing out? I'm fully invested in Ethereum, continuing to hold on.
I closed some Sol options and reduced my position.

Guessed the beginning, but guessed the end wrong, the dealer took the opportunity to sell heavily. Haha

Don't worry, although Sol is a bit stupid, the general trend is still rising.

There are a lot of news flying around over the weekend, such as investigating USDT and Israel attacking Iran. They are all excuses for falling.

Take a break after rising too much, and continue to rise after the election!