📊Bitcoin options sentiment is turning more constructive.
25-Delta Skew has declined across multiple maturities, with the 1-week skew now near 5%. That suggests traders are paying less for downside protection.
In simple terms, the options market is becoming less defensive.
This doesn't guarantee that $BTC rallies from here, but it does signal that fear and demand a healthier for bearish hedges are cooling backdrop for the market.
If this trend continues, sentiment could gradually shift from "protect against downside" to "position for upside."👀
25-Delta Skew has declined across multiple maturities, with the 1-week skew now near 5%. That suggests traders are paying less for downside protection.
In simple terms, the options market is becoming less defensive.
This doesn't guarantee that $BTC rallies from here, but it does signal that fear and demand a healthier for bearish hedges are cooling backdrop for the market.
If this trend continues, sentiment could gradually shift from "protect against downside" to "position for upside."👀