nice. Now we are getting to the “you must be poor” posts. European open. Hedging your inflation hedge with bitcoin puts because there’s massive inflation on Eurex.
Going short, trade with the trend. I stick with futs. Ops might/might not move enough on the day. I let folks like yourself be concerned about inflation. Chit happens. Deal with it. Or bitch. I know what I can and cannot control. But if it makes you feel good .......
Why would you make a comment about hedges then? I'm so confused... unless you are triggered looking for a fight.
spread is 1.65 on 1600 or 0.1% - Is that 'horrific' to you? And I 'deliberately hid'? What? You think it's some sort of trick? For what possible purpose? It's an honest question. Here's the volume. Looks fine, btw:
Interesting twist. BTC is in slight Contango (1.6%) and ETH (SOL, too) is in slight backwardation (1.1%). ETH has the merge coming up, but that should be bullish, not bearish. Seems odd to see the futures markets disagreeing between BTC and ETH.
The only real bearish outcome for a successful merge, is that there is a lot of ETH locked up in staking. Eventually, that will be released and could flood the market, so you'll have a bit of some downward pressure. That said, Vitalik stated that when the time comes, there will be a slow-release mechanism to prevent that. Everyone who staked knew clear well ahead of time that there was no ETA for this, and there was a theoretical chance that they'd never get their ETH unstaked (just to cover legal basis). Many stakers got their ETH at double-digit prices. The expectancy is that many will take some profits.