Analyst: Low Activity in the Crypto Market This Month, US Stocks and Commodity Prices May Be More Worth Watching

Odaily Odaily reported that Adam, a macro researcher at Greeks.live, posted on platform X stating that, based on the distribution of open interest, the open interest across all expiries before the end of this month is very low, totaling about 15%, which is a sign of low market activity. On the other hand, GEX is concentrated in the $60,000 put options and the $63,000 call options, corresponding to the upper and lower limits of the recent two consolidation ranges respectively. This market may closely follow external markets, making the recent performance of US stocks and commodity prices more noteworthy.