glassnode: Options data shows the market remains cautious rather than panicked about bitcoin's price movements
BlockBeats News, January 9, glassnode analyzed bitcoin trends by combining options market data. The report pointed out that options data indicates the market should remain cautious rather than panicked. Volatility sellers are still active, but skew and flow show an increasing demand for downside protection. The market is hedging risks and has not yet priced in a complete trend reversal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Large Bitcoin holders have accumulated 110,000 BTC in the past 30 days
$120 million Bitcoin ETF inflows seen as a bullish signal
Zero Network, incubated by Zerion, relaunches and resumes operations
The top 100 publicly listed companies collectively hold 1,105,750 bitcoins.
Trending news
MoreCrypto prices
More
