BTC Volatility Weekly Review (October 27 - November 3)
The market continues to oscillate within the range of $104k/105k to $115k/116k. Although the absolute volatility has narrowed, the actual volatility remains high — this indicates that the market is struggling to find a balance, feeling confused about the disconnection between cryptocurrencies and tech stocks/high beta individual stocks, and is concerned that gold/precious metals may experience a more substantial correction. From a technical perspective, we expect the market to begin another wave of decline...