Stability did indeed breed instability
Bitcoin plunges to 2-month lows as long liquidations squeezes OI to 3-month lows. We expect news-driven volatility onwards and make the case for increased exposure in ETH.
Preview
You may also like
18 Aug 2023
Why did crypto prices crash?
We examine why crypto prices took a tumble and explain why it's a familiar pattern.
15 Aug 2023
Trading idea: It's time to bet on volatility
The ear-deafening silence from the market throughout the summer of 2023 has pushed implied volatilities well below former all-time lows, reducing the costs of contrarian vol bets
15 Aug 2023
A Grayscale vs SEC lawsuit verdict this week?
Bitcoin still struggles to find any directional momentum as prices remain glued to $29k. Nonetheless, we are likely near a decision in the Grayscale vs. SEC lawsuit, which should ignite significant volatility, time to straddle up?