Data: Bitcoin options data shows market sentiment is stabilizing
ChainCatcher news, Glassnode stated that after bitcoin briefly touched $74,000 and then pulled back, options data is releasing positive signals: implied volatility has dropped significantly from the early February highs, and the market's pricing of tail risk has clearly cooled; option skew has narrowed from 20% to about 10%, and the demand for panic hedging continues to subside; trading flows are becoming more balanced, with 54.4% of options trades expressing a bullish stance, while only 21.3% are betting against the rise.
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