BREAKING
411d 15h ago

Bitcoin Options Market Shows Widening Skew as Analysts Reflect on December’s Market Correction

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent update from COINOTAG News, Greek financial analyst Adam highlighted a notable increase in the **skew** between **options expiries** as of December 25th. Following a robust **bull market** that characterized the final months of the year, the skew had previously exhibited tight consolidation, maintaining a range of approximately **5%** with negligible fluctuations. However, as the cryptocurrency market now experiences a **correction**, this skew has begun to diverge more markedly, particularly in the short-term segments. This significant widening suggests a diminished exuberance among traders and indicates decreasing **market confidence** as we approach January. The latest data serves as a strong indicator that **participation** in the options market may be shifting, with investors adopting a more cautious stance amid changing market dynamics.

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