NewbiePlaysBlockchain
#比特币价格分析 Seeing this wave of market analysis, I am reminded of a frequently overlooked phenomenon — even long-term holders are using covered call options to lock in gains. On the surface, it appears to be a prudent strategy, but the underlying structure warrants our deep reflection.
Whales sell call options to collect premiums, while market makers hedge their risks by selling in the spot market, creating an interesting paradox: ETF demand is strong, yet prices are being suppressed. From November's 63% implied volatility down to the current 44%, the market is losing its "fuel" for upward movem
Whales sell call options to collect premiums, while market makers hedge their risks by selling in the spot market, creating an interesting paradox: ETF demand is strong, yet prices are being suppressed. From November's 63% implied volatility down to the current 44%, the market is losing its "fuel" for upward movem
BTC-1,22%

