Presto Trader: Investors are still weighing macroeconomic factors
Presto trader Thomas Kim stated that market volatility has decreased after the halving. The actual volatility in the past three days is much lower than the implied volatility of Bitcoin options, and investors may still need to weigh macroeconomic variables. Justin d'Anethan from Keyrock, an Asian cryptocurrency market maker, said in an interview that traders are indecisive and unable to decide what stance to take. Whether it's in terms of cryptocurrency or traditional aspects, this is an interesting market though not very vibrant; traders seem unable to clearly be bullish or bearish, and the unchanged price proves this point.
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