Gate Research Institute: Powell hints at possibly stopping balance sheet reduction, Options Volatility remains high

In the crypto market, BTC stabilized above $110,000 after experiencing a pullback yesterday, while ETH's decline narrowed compared to the previous day, and short-term selling pressure eased. The implied volatility in the options market (IV) remains high, with BTC IV dropping to around 45% and ETH IV fluctuating in the 70% range, indicating that traders are still pricing in potential policy-driven volatility. The 25 Delta Skew indicator for the 7-day period has turned from negative to positive, suggesting that market traders may be betting on a rebound. Current market sentiment has shifted from risk aversion to cautious optimism, with a focus on upcoming U.S. economic data and further statements from Federal Reserve officials.

Currently, the Gate App Options feature has been fully launched, supporting USDT settled options for mainstream assets such as BTC, ETH, SOL, XRP, DOGE, TON, ADA, and LTC, and provides cross-currency margin and portfolio margin mechanisms, further enhancing user trading flexibility and capital utilization efficiency.

Details link: https://www.gate.com/options/BTC_USDT