BTC Call Option Volatility Expansion…Signal Of Increasing Betting On A Rise
According to Glassnode, the one-month 25-delta skew in the Bitcoin (BTC) options market fell to -6.1%. This means that the implied volatility of call options has surpassed that of put options, indicating that market participants are placing more weight on upward potential than downside risk.
The implied volatility of call options being high in the options market means that expectations for a BTC price increase are growing. In particular, the analysis suggests that recent price increases may be further supported by traders strengthening bets on the upside rather than preparing for downside risks.
Experts interpreted this movement as a risk appetite signal, predicting that it could act as a factor increasing the possibility of further BTC rises in the future.