Yesterday (26 MAR), U.S. durable goods orders increased for the first time in nearly three months, housing prices increased at an accelerated pace, and the Housing Price Index increased by 6.6% year-on-year, higher than the previous value of 6.3%. The U.S. bond market performed calmly, while the U.S. stock market first showed a general trend and then suffered a large-scale futures sell-off in late trading and finally ended slightly lower.
Source: SignalPlus, Economic Calendar
Source: SignalPlus & TradingView
Digital currencies have paused their upward trend over the past few days. After currency prices fell slightly from recent highs, BTC and ETH have been oscillating slightly around US$70,000 and US$3,600 respectively for most of the past 24 hours, and the upside space has become limited. So clear, the options market has lowered the implied volatility and Vol Skew of the mid- and front-end, which can also be seen from the transaction, such as BTC Short 31 MAY 24-85000-C, BTC Short 5 APR-68000/73000-Strangle, ETH Short 26 APR 24-42000-Straddle represents a strategy of bearish volatility and weak upward momentum. In addition, most of the short- and medium-term transactions of the two currencies are still based on the defensive bearish spread strategy as the main tone. BTC is partially traded. There was a shift to the mid-to-long-term, with 27 DEC 24 100000-C receiving a cumulative bulk purchase of 725 BTC, which was the largest open position yesterday.
Source: Deribit (as of 27 MAR 16:00 UTC+ 8)
Source: SignalPlus, mid-front-end ATM Vol dropped
Source: SignalPlus, Vol Skew dropped
Data Source: Deribit, BTC & ETH transaction distribution
Source: Deribit Block Trade
Source: Deribit Block Trade
