Every edition since June lows tracked the same quiet process — traders closing #Shorts and letting downside protection expire 📈🟢💪.

The tape has now caught up loudly with 1W 25-Delta #Skew collapsing to its cheapest level in months 🔴. Downside protection being abandoned fastest at the front of the curve with the move running through the 1M tenor as well — options market sentiment shifting decisively away from bearish hedging toward a more constructive and bullish positioning regime ⚡️🎯👀

#Crypto