📊 BTC Options Market Update: Sentiment Shifts Slightly
Bitcoin’s 25 Delta Skew has cooled significantly after last week’s spike:
* 1-week skew has dropped from >10% to 2.96%, indicating reduced short-term panic
* However, 3-month and 6-month skews remain negative at -2.6% and -4.3%, reflecting ongoing medium-term caution
* The volume profile is still put-heavy, showing hedging and risk-off sentiment
📉 What this means: While immediate fears have eased, market participants remain cautious about the medium-term outlook. Expect range-bound price action or muted rallies unless new bullish catalysts emerge.
