Greeks.live: Crypto Market Enters Correction After a Frenetic Week, Options Market Remains Stable

BlockBeats News, November 17th, Greek.live researcher Adam posted on social media that the cryptocurrency market has cooled down. $90,000 has become a key battleground, with stocks such as Tesla and Nvidia performing poorly. The cryptocurrency market trend has shifted towards Memes, indicating a relatively dangerous direction where both directions have the potential for significant fluctuations. This week, economic events and data are not significant, with macro market expectations being flat and the correlation between cryptocurrency and macro factors being low.

After experiencing a sharp rise in the past week, the cryptocurrency market entered a period of adjustment. The options market is relatively stable, with large transactions and market interest rates being worth attention. Currently, the main term IV is at a relatively low level, making it a good time to position oneself for some medium- to long-term opportunities with good risk-return ratios. Historically, the fourth quarter generally has a good market trend, making it a good buying opportunity at the moment.

In terms of the cryptocurrency interest rate market, the Bitfinex interest rate market has recently been relatively stable. It is advisable to actively execute suitable interest rate orders, especially during active market conditions.