Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Greeks.Live researcher: The market has a strong bullish atmosphere and has entered the FOMO stage

Greeks.Live researcher: The market has a strong bullish atmosphere and has entered the FOMO stage

CointimeCointime2024/03/04 08:44
By:Cointime

A researcher at Greeks.Live, stated on social media that over the weekend, the options market had orders exceeding $5 million, almost all of which were buying call options. Some of them were combined with selling out-of-the-money options to reduce costs and create a bullish spread. Returning to Monday, BTC once again hit a new high for the year, with a large amount of short-term bullish spreads trading. Currently, the ultra-short-term IV has approached 80% across the board, and the market sentiment for long positions is strong, already entering the FOMO stage.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00