Analysis: Cryptocurrency assets have undergone significant adjustments, and investors are betting on a new round of volatility
ChainCatcher news, according to Jinshi reports, after experiencing a liquidation of up to $1.5 billion, cryptocurrency traders are betting that the market will enter a new round of volatility. This large-scale liquidation highlights the fragility of the cryptocurrency market, and the trend in option prices suggests that future volatility may intensify. Ethereum plummeted by 9% in the previous trading day, resulting in nearly $500 million in bullish bets becoming worthless. Caroline Morron, co-founder of Orbit Markets, stated that the market is in a consolidation phase after a sharp correction, but overall sentiment remains quite tense.
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