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SignalPlus Volatility Column (20240814): CPI Eve

SignalPlus Volatility Column (20240814): CPI Eve

Odaily2024/08/14 12:45
By:Odaily

SignalPlus Volatility Column (20240814): CPI Eve image 0

SignalPlus Volatility Column (20240814): CPI Eve image 1

Yesterday (13 August), the US PPI rose 2.2% year-on-year in July, lower than expected, and also fell sharply compared with the previous value. Before the release of CPI today, traders increased their bets on the Feds easing policy. The 10-year Treasury yield is now at 3.838%, a recent low, and the two-year yield fell below 4% to 3.941%. Boosted by this, US stocks collectively closed higher (Dow +1.04%, SP +1.68%, Nasdaq +2.43%), helping BTC break through 6 w (closed at $60874, +2.75%), and ETH stood above $2700 (closed at $2725, 2.75%).

SignalPlus Volatility Column (20240814): CPI Eve image 2

Source: SignalPlus, Economic Calendar

SignalPlus Volatility Column (20240814): CPI Eve image 3

Source: Invensting

As the price of the currency rises, the volatility curve has steepened again. Specifically, the release of PPI data has eliminated some uncertainties. The IV of the middle and front ends (especially ETH) has dropped significantly, but the IV of the end of the day still enjoys a higher Vol Premium due to tonights CPI data. The far-end IV has risen slightly, and some Top Side buying can be seen from the transaction. From the perspective of Vol Skew, ETHs RR continues to rise overall. The day before yesterday (August 12), Grayscales ETHE ended the outflow of funds for the first time, becoming an important turning point. The overall ETF has also received positive inflows for two consecutive days, providing support and confidence for ETHs currency price, allowing it to break through the two lines of defense of 2600 and 2700 in succession, and challenge 3000 again.

SignalPlus Volatility Column (20240814): CPI Eve image 4

Source: Deribit (as of 14 AUG 16: 00 UTC+ 8)

SignalPlus Volatility Column (20240814): CPI Eve image 5

Source: SignalPlus, ATM

SignalPlus Volatility Column (20240814): CPI Eve image 6

Source: SignalPlus, Vol Skew

SignalPlus Volatility Column (20240814): CPI Eve image 7

Data Source: SignalPlus, Deribit ETH transaction overall distribution

SignalPlus Volatility Column (20240814): CPI Eve image 8

Data Source: SignalPlus, Deribit BTC transaction overall distribution

SignalPlus Volatility Column (20240814): CPI Eve image 9

You can use the SignalPlus trading vane function at t.signalplus.com to get more real-time crypto information. If you want to receive our updates immediately, please follow our Twitter account @SignalPlusCN, or join our WeChat group (add assistant WeChat: SignalPlus 123), Telegram group and Discord community to communicate and interact with more friends. SignalPlus Official Website: https://www.signalplus.com

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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