QCP: ETH의 내재 변동성은 콜보다 풋으로 급격히 이동했으며, 이는 시장이 숨을 돌리는 동안 BTC에서도 비슷한 감정을 반영합니다. 하락 위험에 대한 우려가 커지면서 특히 오늘 밤 FOMC 의사록과 수요일 PCE 데이터가 다가오면서 심화될 수 있습니다. 미국 휴일이 다가오고 가격을 더 높일 즉각적인 촉매제가 없기 때문에 BTC가 상징적인 100k 수준으로 가는 길은 멈췄습니다.
https://t.me/QCPbroadcast/1369
QCP Asia Colour - 26 November 2024
Bitcoin has slipped below 93k since our last commentary, with over $430 million in long liquidations. This decline coincided with spot ETFs ending their five-day streak of net inflows, recording a $438 million outflow on Monday, while MicroStrategy dropped another 4.4%.
The pullback follows MicroStrategy’s record $5.4 billion Bitcoin purchase last week. With U.S. holidays approaching and no immediate catalyst to push prices higher, BTC’s path to the symbolic 100k level has stalled.
ETH implied volatility has shifted sharply toward puts over calls, reflecting similar sentiment in BTC as the market takes a breather. Growing concerns about downside risks may intensify, particularly with tonight’s FOMC minutes and Wednesday's PCE data on the horizon.
However, to put things into perspective, this isn’t an excessive pullback. Bitcoin is merely retracing to levels seen early last week. The market had become extremely overbought since the election with excessive leverage, making…
1711