BTC options markets signal: traders are still in panic

robot
Abstract generation in progress

Glassnode data indicates an interesting picture - the Bitcoin options market remains engulfed in fear and skepticism regarding recovery.

Here's what's happening: the premiums on long call options ( strike $120K ) are not increasing as they usually do when traders truly believe in a recovery. Instead, every time BTC takes a slight breather, professionals immediately offload those same call options, even with long expirations.

That is, the picture is as follows: traders are not ready to hold bets on growth. They sell on any rebounds. This is a classic signal of distrust in the market — people do not yet believe that the recovery will be sustainable.

Conclusion: the options market screams one thing — most are still not ready to catch the bottom, despite current prices.

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
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)