Prices have dropped, but emotions have exploded? Bitcoin options are quietly turning bullish, and a short-term spectacle is about to begin!
Don't just stare at the K-line and ponder aimlessly! The real 'storm forecast' is hidden in the options pricing. Over the past week, the 25 Delta Skew of Bitcoin $BTC made a significant reversal, especially in the short-term options area, where bullish sentiment is soaring!
Data speaks:
1-week options Skew:
From -2.6% ➜ Soared to +10.1%
1-month options Skew:
From -2.2% ➜ Returned to +4.9%