The broader market is experiencing historically low volatility
Ethereum trading volume in the contract market has reached historical lows
In terms of trading volume and open interest in the options market, the put-to-call ratios are at historically low levels, but the demand for call options still dominates, indicating that the options market is biased toward the bullish side.
How many times have such low volatility and volatile periods occurred:
1. In the bear market from 2015 to 2016
2. From November 2018 to April 2019
3. Adjustments after March 12, 2020
4. During the long period of sideways trading after the FTX thunderstorm in November 22
And now from the end of June to now, this sideways situation may continue, because in 2015-16 and 2019-20, it took almost 6 months of sideways before major fluctuations occurred.
Of course, the longer it stays sideways, the greater the room for future fluctuations, such as the bull market that started in 20 years.
To sum up, any market has a trough period or a calm period, but I am still optimistic about the rise in the future. Will there be a washout before the rise? The possibility is still very high, just be prepared for Plan B
