🤔 #BTC option skew hits its highest level since March 2023!
📉 Latest correction fueled by a reverse gamma squeeze — dealers selling BTC to hedge the growing demand for puts.
📊 Altcoin Watch:
#ETH showing stronger momentum than BTC 🚀
Alts holding steady, but rotation hasn’t hit breakout mode yet.
🔑 The next move depends on BTC:
▪️ Hold support → Momentum reignites, alt impulse triggers.
▪️ Lose support → Rotation stalls, alts pause.
Which way do you see #BTC heading? ⬆️⬇️