10x Research: NAV compression and volatility are downward, is the opportunity for coin stocks coming?

According to Coinjie.com, the Bitcoin options market has undergone a significant change, and traders continue to sell volatility, and the implicit volatility has dropped sharply, with BTC and ETH falling by 6% and 12% respectively. MicroStrategy was limited by compression of net asset value and its purchasing power declined, while Circle's stock rebounded 19.6% as Fed's rate cut expectations and stablecoin adoption accelerated. The market may brew the next round of upward trend.