Analyst: Crypto market activity is relatively low this month; US stocks and commodity prices may be more worth watching
According to Odaily, Greeks.live macro researcher Adam posted on X stating that, based on the open interest distribution, all positions expiring before the end of this month remain very low, totaling about 15%, which is indicative of low market activity. On the other hand, GEX is concentrated at the $60,000 put options and $63,000 call options, corresponding respectively to the lower and upper limits of the recent price fluctuation ranges. This suggests the market may clearly follow external markets, so recent US stock and commodity prices are worth paying closer attention to.
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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