The market responded to interest rate cuts in a flat manner, and the popularity of SOL options trading increased

According to ChainCatcher, traders were generally disappointed with the 25 basis points rate cut, which failed to drive the market to rise sharply. The market is paying attention to the trends of Bitcoin 118K and 113-119K range, and some members expect to show a volatile downward trend this month. It is worth noting that the discussion on SOL options trading has increased. Although some traders experienced rapid loss of theta when entering the market near $234, the market is optimistic about the launch of SOL ETFs, with large positions in the range of $250-300. At the same time, ETH performed weakly compared to BTC, prompting traders to adjust their options strategy layout accordingly.