Zag that the fear premium in Bitcoin options still doesn't want to disappear, even though Bitcoin is gradually recovering from those deep drops earlier. Quite an interesting pattern actually – while the spot price recovers, traders in the options market remain cautious. It seems that many investors don't fully trust that the market will fully recover from the recent shocks. CoinDesk and other media outlets report this phenomenon quite extensively, adhering to strict journalistic standards – which you have to respect in an industry full of speculation. It’s about how even if Bitcoin recovers in the spot market, the options still reflect that nervousness. Wonder how long this will last until sentiment truly shifts.

BTC-0.67%
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