The United States may face another government shutdown, traders predict "Black Monday"
Just after the options settlement at 4 PM, BTC's biggest pain point rapidly dropped to 88.3K.
Implied volatility (IV) surged, Skew -12.07, institutions and whales started buying put options.
This indicates that traders are making "crash pricing" bets for tomorrow, Monday.
Moreover, the original biggest pain point today was 90K, but the price at settlement was far below that.
This suggests that the bearish forces have completely overwhelmed market makers, who had to "accept losses," abandon support, and may h
View Original