According to BlockBeats, on October 11, Matrixport released a weekly investment research report. As implied volatility continues to be low, Bitcoin traders need to establish corresponding positions to prepare for the bull market that may be brought about by Trump's victory. Bitcoin options will expire on November 8, 2024, but the market has not seen extreme positions, indicating that traders remain cautious about the results of the election. However, the strike prices of $65,000 and $70,000 indicate that many traders are looking forward to a market rebound.
The Bitcoin options market, with a volume of between $42 billion and $71 billion this year, is gradually replacing crypto stocks, which have performed poorly since the Bitcoin halving in April 2024, as a more popular leverage tool for traders. In addition, although MicroStrategy's current share price is higher than the value of its Bitcoin holdings, holding MicroStrategy has become an alternative option to gain direct exposure to Bitcoin.
Bitcoin prices rebounded at the beginning of this year as the macroeconomic situation improved, but retreated as market structure and liquidity drivers weakened. Trump's victory may bring positive news to Bitcoin, but if the Federal Reserve takes a tight monetary stance in response to the excessive stimulus of Trump's policies on the economy, the rise will encounter resistance.
