BREAKING

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

BTC

BTC/USDT

$64,288.17
-1.92%
24h Volume

$22,541,180,333.01

24h H/L

$66,445.93 / $63,696.29

Change: $2,749.64 (4.32%)

Long/Short
65.3%
Long: 65.3%Short: 34.7%
Funding Rate

+0.0016%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,078.71

-0.67%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$66,312.58
Resistance 1$64,200.23
Price$64,078.71
Support 1$63,941.78
Support 2$61,852.22
Support 3$59,130.91
Pivot (PP):$64,193.67
Trend:Downtrend
RSI (14):37.6

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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