Bitcoin's recent price movement has left options traders positioned defensively, according to Glassnode. Compressed volatility expectations, elevated downside hedging, and a gamma structure that could amplify weakness suggest traders are preparing for potential downward pressure on BTC's price.

BTC-3.33%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned