Bitcoin options markets are becoming less defensive.
The 25-Delta Skew has fallen sharply across multiple maturities, with the 1-week skew near 5%.
👉 This suggests lower demand for downside protection and a reduction in bearish hedging. While it doesn't guarantee a price rally, the options market is showing less fear and improving sentiment. 📈
$BTC
#COWRises55.77%In24h #BNBChainToActivatePasteurHardFork #SaudiPIFDiscloses154.1MSpaceXShares #SanDiskRises7%OnRevenueGrowthOutlook #USJulyRetailSalesFall0.6%
The 25-Delta Skew has fallen sharply across multiple maturities, with the 1-week skew near 5%.
👉 This suggests lower demand for downside protection and a reduction in bearish hedging. While it doesn't guarantee a price rally, the options market is showing less fear and improving sentiment. 📈
$BTC
#COWRises55.77%In24h #BNBChainToActivatePasteurHardFork #SaudiPIFDiscloses154.1MSpaceXShares #SanDiskRises7%OnRevenueGrowthOutlook #USJulyRetailSalesFall0.6%