Market Shows Weak Consolidation Despite Positive U.S. News

According to BlockBeats, on February 14, Greeks.live analyst Adam shared insights on social media regarding the current market trends. He noted that the market is experiencing weak consolidation this week, despite several positive announcements from the U.S. government. However, these developments have not significantly influenced market sentiment, as the implied volatility (IV) has dropped to its lowest level in nearly a year. Since Bitcoin effectively fell below the $100,000 mark, there has been a continuous trend of selling short- to medium-term call options by major options holders. While there is a noticeable increase in the volume of large call option trades, the volume of large put option trades has decreased. This indicates that although the market is not optimistic about an upward trend, the fear of a downturn is also diminishing. Institutions generally believe that February will be a stagnant period with little market activity, as the market appears to lack significant highlights and funding.