Analysis: The current cryptocurrency market is dominated by wait-and-see risk aversion
According to Greeks.live macro researcher Adam posted on the X platform, this week is the US election week, and now the uncertainty of the US election is great. Trump's voice has been very high since nearly a month, but Harris's victory rate in the election process is gradually increasing. The US election has a significant impact on the entire market. There is also an interest rate meeting on Friday. The market generally believes that interest rates will be cut by 25 basis points. At present, the cryptocurrency market is mainly a wait-and-see hedge. This week's option level IV has risen to 80%. This month's options IV are significantly higher than forward options. There may be a big market in the next few days.