Today’s only two big deals over $20m
Adam, a macro researcher at Greeks.live, posted on X platform that the trading activity of Bitcoin is now significantly affected by the trading hours of the US stock market, with lower activity on weekends and a relatively sluggish market. Today, almost all bulk trades were conducted with spread combinations, with the most transactions being bullish spread trades, followed by bearish spread trades. The market sentiment of mainstream coins has been relatively stable in recent days. There were only two bulk trades today that exceeded $20 million, one bullish trade above 70,000 and one bearish trade below 65,000, which can be said to be in opposition. The trend is currently weak, and the IV is still in the high range, with the profit and loss ratio of selling beginning to increase.
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