“Hey bitcoin, do something!”
The viral meme – starring a stick figure poking on the ground and describes a need for reaction – can only count on the current scene in the digital trading desk assets during the slow, early tag -hot day.
Sure, bitcoin
Just hit the new fresh highs and still trade above $ 100,000, but P&L minimizes daily for short-term volatility.
“The volatility of Bitcoin continues the lower trend, both in the realized and indicated steps, even as the property has reached new hours. This fall in volatility is particularly noticeable amid high price levels,” Nydig Research said on a recent note shared with CoinDesk.
And despite the Macro and Geopolitical Headwinds hitting traditional ownership, Bitcoin has disappeared In a chill summer vibe.
“With the market today entering the usual quieter Tag -heat months, this downtrend can continue to the near term,” Nydig added.
Of course, this is probably a positive trend for Bitcoin as it describes a more important market and potentially speaking in the original promise of “value store,” as the price reached fresh new highs.
However, entrepreneurs like volatility, because the greater the movement, the greater the P&L opportunities. While fresh record highs can be great for long -term hodlers, for short -term entrepreneurs, juicy breakouts are getting difficult to make money.
Why the calm?
So what is driving these calm actions?
Nydig is pursuing it to increased demand from Bitcoin Treasury companies, which seem to be popping up everywhere, and an increase of sophisticated trading techniques, such as the options for saoverwriting, as well as other forms of volatility sale.
The market is getting more professional, and unless we see some real Black Swan events (FTX, anyone?) For crypto, prices will continue to remain calm.
The opportunity
But everything is not gone – there are always opportunities to make money even though it is not worth it to the apparent.
“Falling volatility has made the same reversible exposure through calls and downside protection by placing relatively inexpensive,” Nydig said.
Translation: Playing hedging and catalyst driven is where the money can be in this market. If someone is thinking of something to come, maybe it’s the time to position in the stake directions. And there are some big to come.
“For entrepreneurs who expect catalysts that move the market, such as the SEC decision on the GDLC conversion (July 2), the end of the 90-day tariff suspension (July 8), or the discovered groups of crypto-working (July 22), it presents an effective opportunity to position for directions,” Nydig said.
So bitcoin’s summer lull may not be a total dead zone; Instead, this is a setup for those who are willing to play patience and hedge games accordingly to exchange potential events that move the market.
