Opinion: The correlation between the crypto market and US stocks may continue to rise

Odaily reported that Adam, a macro researcher at Greeks.live, posted on platform X stating that as the market rebounds, BTC's GEX is concentrated at $60,000. The previously relatively scattered GEX combination has become concentrated, primarily dominated by this week's and this month's options. The biggest macro event this week is SpaceX's listing on June 12. As the world's largest IPO, the liquidity impact on US stocks brought by this event is worth paying attention to.

Recently, the volatility of US stocks has been relatively high, exerting significant pressure on cryptocurrencies. A large number of investors in the crypto market have recently flooded into the US stock market, and the correlation between the crypto market and the US stock market may continue to rise. The IV of options expiring this week has noticeably increased, and the proportion of block trades has also been rising. Investors are deploying short-term defenses, and there is high demand for short-term option purchases.