Analysis: Bitcoin stabilizes in the $71,000 range, Skew rebounds with long-short balance restored, awaiting quarterly futures expiration

robot
Abstract generation in progress

Odaily Planet Daily reports that Greeks.live analyzed on the X platform that Bitcoin has currently rebounded and is holding steady around $71,000, temporarily alleviating the downward risk. Implied volatility (IV) across major maturities has shown a significant decline, with short- and medium-term IV dropping over 5% from its peak and over 3% compared to two days ago. Ethereum’s short- and medium-term IV has decreased over 8% from its peak and over 5% compared to two days ago. The skew has fully rebounded, and many put options built during the crisis have been closed, restoring balance between bearish and bullish forces. This Friday marks the quarterly expiration, with over 40% of options expiring. The most concentrated strike price remains at $75,000, which continues to be a strong resistance level.

(Note: Skew usually refers to the difference in implied volatility between options at different strike prices. An upward movement in this indicator generally indicates a warming market risk appetite and rising bullish sentiment.)

BTC2,6%
ETH2,39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin