Greeks_live

Market is cooling fast

Long
CRYPTO:BTCUSD   Bitcoin
Market is cooling fast, BTC Dvol has fallen from 70% to 55% and there is virtually no futures premium.
Currently there is not enough upward momentum in terms of futures and options positions, with options max pains below $31,000 for all major terms and just $28,500 for the upcoming monthly max pains.
BTC may see a period of consolidation and there may be some opportunities in ETH.

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