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ETH $2,457.27 -0.62%
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LINK $11.50 -2.28%
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AAVE $122.24 -2.16%
SUI $0.7352 -4.58%
XLM $0.1759 -2.75%
ZEC $1,094.08 -11.86%
BTC $76,929.28 -1.82%
ETH $2,457.27 -0.62%
BNB $714.03 -1.24%
XRP $1.34 -3.58%
SOL $99.40 -2.02%
TRX $0.3408 +0.45%
DOGE $0.0835 -2.96%
ADA $0.2067 -2.62%
BCH $226.56 -9.90%
LINK $11.50 -2.28%
HYPE $79.39 -4.99%
AAVE $122.24 -2.16%
SUI $0.7352 -4.58%
XLM $0.1759 -2.75%
ZEC $1,094.08 -11.86%

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

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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