Major changes in key forward-looking indicators VIX positions have plummeted (VIX is the SPX fear index) Data source: Bloomberg ——— Institutions have significantly pulled back systemic risk hedging positions. Overall market risk expectations are cooling down, and volatility trading is fading. In simpler terms: The U.S. government shutdown might end sooner. Market bets on short-term potential risks are decreasing. Paired with ⬇️ Trump: Willing to reach an agreement on subsidies for the Affordable Care Act. ——— In even simpler terms: Market uncertainty has drastically reduced. Binance fam, keep the music playing and the dancing going! @binancezh @sisibinance