Greeks.live: BTC has been adjusting in the recent oscillation zone above $80,000, and market sentiment remains pessimistic

Odaily News Adam, a macro researcher at Greeks.live, wrote on the X platform that the most noteworthy thing this week is the intensive interest rate decisions on March 20. Although the expectations of the central banks' decisions are relatively consistent and there is a high probability that they will not bring too much market volatility, the attitudes shown by the central banks will also have a significant impact on the future. With the current geopolitical tensions and the increase in compliance requirements, Europe's influence is also gradually increasing.
The crypto market has been relatively flat recently, with Bitcoin continuing to adjust in the oscillation zone above $80,000. The U.S. stock market has ushered in a major adjustment, and ETF funds have not been able to continue to flow in, and market sentiment remains pessimistic. In terms of options, the gradual weakening of the market has led to a decline in the full-term IV. The month's at-the-money IV has fallen below 55%, and the short-term IV has fallen more significantly, falling to 60%. Multiple macro events this week have brought some uncertainty, and the IV this week will maintain its current high level.