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Glassnode: Options data shows market remains cautious rather than panicked about Bitcoin trend

Summary: According to reports from Glassnode, combined with options market data, the market should remain cautious rather than panicked about the Bitcoin trend. The volatility sellers are still active, but skew and flow indicators show an increasing need for downside protection. The market is hedging risks and has not completely priced in a trend reversal.

According to reports from Glassnode, combined with options market data, the market should remain cautious rather than panicked about the Bitcoin trend. The volatility sellers are still active, but skew and flow indicators show an increasing need for downside protection. The market is hedging risks and has not completely priced in a trend reversal.

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