Greeks.live: Recently, the macro market has limited impact on cryptocurrencies, with the main term IV at a low level and a significant short-term IV decline

Adam, a macro analyst at Greeks.live, stated in an article on X platform that the integer thresholds of $100000 for Bitcoin and $4000 for Ethereum have both been broken. There will be important data on CPI and European Central Bank interest rates next week, but cryptocurrency has been experiencing independent market trends recently, and the impact of macro markets is limited. The flow of ETF and cryptocurrency related US stock funds is worth paying attention to. In addition, altcoins have seen a comprehensive rotation and rise, with multiple mainstream coins appearing several times larger. Market capital inflows are strong, and bulls are very strong in the spot bull market. The options market is relatively stable, and bulk trading and market interest rates are worth paying attention to. Currently, the main term IV is at a low level, and the short-term IV has significantly declined. In terms of the cryptocurrency interest rate market, the Bitfinex interest rate market has been relatively stable recently.