BIT: Rising Ethereum bullish option selling pressure, volatility continues to decline

ME News report, April 6 (UTC+8), BIT tweeted that “Market trading volume has significantly shrunk, lacking clear directional catalysts. While Bitcoin ETFs recorded approximately $1.3 billion in net inflows, Ethereum continues to see capital outflows, further widening the divergence in demand between the two. From a macro perspective, although geopolitical risks have not eased and volatility continues to converge, put-selling strategies are increasingly favored. Recent developments in the Ethereum options market are especially notable: the share of selling upside call options has risen sharply, suggesting the market lacks confidence in ETH’s short-term rebound. A few months ago, traders were actively buying upside exposure; now the tide has turned—more Ethereum traders are choosing to earn premiums by selling call options rather than betting on a directional upside move.” (Source: Foresight News)