Fear is still the mood: the Fear & Greed index sits at 30, unchanged from yesterday.
Deribit's $BTC options put/call ratio by volume is 1.93, so more money is buying downside protection than upside. Meanwhile 24h liquidations were about $56.45M, split roughly 52% longs and 48% shorts, which is far calmer than last week.
My read: traders are hedged, not panicking. $ETH is near $2,250 and holding.
Are you hedging here, or waiting for a clearer trend?
#Options #Sentiment #Bitcoin #Ethereum
Not financial advice.
Deribit's $BTC options put/call ratio by volume is 1.93, so more money is buying downside protection than upside. Meanwhile 24h liquidations were about $56.45M, split roughly 52% longs and 48% shorts, which is far calmer than last week.
My read: traders are hedged, not panicking. $ETH is near $2,250 and holding.
Are you hedging here, or waiting for a clearer trend?
#Options #Sentiment #Bitcoin #Ethereum
Not financial advice.