Presto trader Thomas Kim said that after the halving, market volatility has weakened. The actual volatility in the last three days is much lower than the implied volatility of bitcoin options, and investors may still need to measure macroeconomic variables.
Justin d'Anethan of Keyrock, an Asian cryptocurrency market maker, said in an interview that traders were hesitant to decide what position to take. This is an interesting, though not very dynamic, market, both on the cryptocurrency side and the traditional side; traders can't seem to be definitively bullish or bearish, as evidenced by the price staying the same.
Presto Trader: Investors Still Measuring Macroeconomic Factors
2024-04-24 04:52:14
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