Viewpoint: The correlation between the crypto market and the US stock market may continue to rise
Odaily reported that Greeks.live macro researcher Adam posted on X, stating that as the market rebounds, BTC's GEX is concentrated at $60,000, and the previously scattered GEX positions have become centralized, mainly in weekly and monthly options. The largest macro event this week is SpaceX's IPO on June 12. As the world's largest IPO, the liquidity impact on U.S. stocks is noteworthy.
Recently, U.S. stock market volatility has been high, exerting a significant impact on the crypto market. Many crypto market investors are pouring into the U.S. stock market, and the correlation between the crypto market and the U.S. stock market may continue to rise. The IV for options expiring this week has increased significantly, and the proportion of block trades continues to climb. Investors are positioning defensively for the near term, with a strong demand for short-term option buying.
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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