Analysis: Currently, the encryption currency market is mainly in a wait-and-see mode for safe-haven purposes. This month's option IV is significantly higher than the forward option.

2024-11-03 15:51:30

Abstract generation in progress

PANews on November 3rd, according to the macro researcher Adam at Greeks.live on the X platform, this week is the week of the US election. There is a high level of uncertainty in the US election now. Trump has been popular in the past month, but Harris’s chances of winning are gradually increasing during the election process. The US election has a significant impact on the entire market. There is also a rate decision meeting on Friday, and the market generally believes that there will be a 25 basis point rate cut. Currently, the encryption currency market is mainly in a wait-and-see mode for risk avoidance. The at-the-money implied volatility (IV) for this cycle has risen to 80%, and the IV for options this month is significantly higher than for options in the future. There may be a big market movement in the next few days.

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