Greeks.live: options market data shows market is weakening, not optimistic for February

Odaily Planet - Greeks.live analyst Adam posted on the X platform, “BTC saw a large number of put option block trades today, with $600 million notional value accounting for a quarter of the total. Tonight's two put calendars alone are worth $110 million, the market is weakening and confidence is declining, short-term Skew is close to 0, and mid- to long-term Skew and IV have fallen back significantly. the February market is not optimistic, there are still a large number of torrents waiting to be unlocked in the first quarter, and the market is relatively tightly capitalized at the moment.”