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BTC $75,899.36 -2.17%
ETH $2,364.92 -3.09%
BNB $633.78 -1.42%
XRP $1.43 -3.47%
SOL $86.83 -3.25%
TRX $0.3298 +1.05%
DOGE $0.0955 -5.38%
ADA $0.2496 -5.35%
BCH $446.07 -2.13%
LINK $9.38 -3.65%
HYPE $44.23 -1.01%
AAVE $112.14 -5.48%
SUI $0.9621 -5.71%
XLM $0.1694 -3.00%
ZEC $324.92 -3.35%

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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