“Oil prices and $BTC both put on a ‘heartbeat’ show today.”
$BTC held steady around 84k, but don’t get too excited yet—today Deribit has $14 billion worth of options expiring. On a delivery date of this size, how could market makers not stir up some volatility?
The macro picture is the real main storyline: news came out that the U.S. and Iran would restart the reopening of the Strait of Hormuz in phases. Oil prices fell immediately—Brent crude turned down from its high around $106.
But just yesterday, the Houthis bombed Aramco facilities in Yanbu, Saudi Arabia. The headlines flipped twice in a single day—both long chasers and short chasers got swept out.
What’s even more troublesome is U.S. Treasuries. The 10-year yield has already climbed to its highest level since 2007, and Fed official Williams is still hawkish. As long as interest rates don’t come down, assets like $BTC can’t expect to rise comfortably.
My take: geopolitical easing is a window for a rebound, not a trend reversal. After tonight’s options expiry, volatility will likely surge again. Keep your hands off it—don’t go all-in betting on direction.
#BTC #比特币 #加密货币 #期权到期 #Macroeconomics
NFA DYOR
$BTC held steady around 84k, but don’t get too excited yet—today Deribit has $14 billion worth of options expiring. On a delivery date of this size, how could market makers not stir up some volatility?
The macro picture is the real main storyline: news came out that the U.S. and Iran would restart the reopening of the Strait of Hormuz in phases. Oil prices fell immediately—Brent crude turned down from its high around $106.
But just yesterday, the Houthis bombed Aramco facilities in Yanbu, Saudi Arabia. The headlines flipped twice in a single day—both long chasers and short chasers got swept out.
What’s even more troublesome is U.S. Treasuries. The 10-year yield has already climbed to its highest level since 2007, and Fed official Williams is still hawkish. As long as interest rates don’t come down, assets like $BTC can’t expect to rise comfortably.
My take: geopolitical easing is a window for a rebound, not a trend reversal. After tonight’s options expiry, volatility will likely surge again. Keep your hands off it—don’t go all-in betting on direction.
#BTC #比特币 #加密货币 #期权到期 #Macroeconomics
NFA DYOR