📊 Bitcoin Options Market Update: Slight Shift in Sentiment
The 25 Delta Skew for Bitcoin has notably decreased after last week's sharp rise:
* The one-week skew dropped from over 10% to 2.96%, indicating a retreat from short-term panic
* However, the 3-month and 6-month skews remain negative at -2.6% and -4.3%, reflecting ongoing caution in the medium term
* Trading volume still leans towards put options, showing a trend towards hedging and risk avoidance
📉 What does this mean: Despite a decrease in immediate fears, market participants remain cautious about medium-term forecasts. Price movements are expected to stay within a limited range or show weak increases unless new bullish catalysts emerge.
#BTC110KToday? #BinanceAlphaAlert #BinanceTGEXNY #BTC_Ragheb #BTCRagheb
