Volatility expectations in the market are still falling fast
Tomorrow there is the important macro data of the US unemployment rate in March, strong US economic data makes the Fed's May rate cut possibility drop significantly, the probability of a rate cut in May has now dropped from 90% last month to 50% currently.
Looking at Options Data, despite the nearly 10% pullback this week, volatility expectations in the market are still falling fast, with tomorrow being the first weekly delivery after the big quarterly delivery, and with BTC Dvol having fallen below 70%, the IV downward pressure mentioned at the end of last month is continuing to be released.
Recent Block trading has been weaker, mainly buying call options after the halving of Bitcoin, with ample margin in the hands of the whales, whose subsequent operations are worth watching.
Looking at Options Data, despite the nearly 10% pullback this week, volatility expectations in the market are still falling fast, with tomorrow being the first weekly delivery after the big quarterly delivery, and with BTC Dvol having fallen below 70%, the IV downward pressure mentioned at the end of last month is continuing to be released.
Recent Block trading has been weaker, mainly buying call options after the halving of Bitcoin, with ample margin in the hands of the whales, whose subsequent operations are worth watching.