$BTC ｜Adam: BTC and ETH are in deep negative gamma territory; market maker hedging may amplify volatility.
Institutions usually don't chase the first wave of news, preferring to accumulate in batches on pullbacks. The rather gloomy news is bound to weigh on intraday sentiment, while the long-term outlook remains to be seen.
Institutions usually don't chase the first wave of news, preferring to accumulate in batches on pullbacks. The rather gloomy news is bound to weigh on intraday sentiment, while the long-term outlook remains to be seen.
