Greeks.live: The market's bearish strength is increasing, but overall, both bulls and bears maintain relative balance
Adam, a macro analyst at Greeks.live, posted on platform X saying: "Bitcoin has fallen below the $40,000 mark, with short-term IV rebounding slightly and medium-term IV still remaining low. The overall volatility risk premium VRP has risen somewhat, and the Skew curve leans towards put options. These data reflect a certain amount of short-term panic in the market. Bearish forces are strengthening but overall both bulls and bears remain relatively balanced; it's still a fiercely contested situation."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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