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BTC $63,537.84 +2.17%
ETH $1,686.14 +3.36%
BNB $604.57 +1.68%
XRP $1.17 +2.35%
SOL $67.04 +2.74%
TRX $0.3259 -0.45%
DOGE $0.0864 +2.16%
ADA $0.1685 +3.50%
BCH $210.24 -6.46%
LINK $7.99 +3.29%
HYPE $64.13 +9.47%
AAVE $64.06 +1.74%
SUI $0.7639 +2.37%
XLM $0.2004 -3.36%
ZEC $451.53 +7.58%

Greeks.live researcher: Every dip before the official approval of the Bitcoin spot ETF is a good buying opportunity

2023-11-25 14:07:10
Collection

ChainCatcher news, Greeks.live macro researcher Adam posted on social media that after the monthly settlement, the price of Bitcoin surged again, briefly breaking through $38,000 to reach a new high for the year; it brought the Dvol, which had plummeted to 51% after the settlement, back to the recent average level of 54%.

Currently, the market is very optimistic about the approval of the (Bitcoin spot) ETF in Q1 next year, with Skew significantly positively biased for over a month, and market expectations have gradually become more aligned. Before the ETF is officially approved, every dip is a good opportunity to accumulate positions.

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