⚡BITCOIN OPTIONS TRADERS ARE TURNING BULLISH 👉 $BTC implied volatility (DVOL) has dropped from 48 to 40, signaling that June's panic premium is fading 👉 The Put/Call ratio has fallen to 0.59, its lowest level in 6 months 👉 Traders are reducing downside hedges and increasing bullish exposure BTC is still trading below the $68K–70K negative gamma zone. A move into that range could trigger stronger lg The fear is fading. Now Bitcoin needs to prove it with price.
BitfundedShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.