Bitcoin Options Puts Dey Surge as Traders Dey Hedge Macro Risks
Bitcoin options traders dey buy put options pass to cover macroeconomic risk, wey dey push put-call ratio for Deribit to 90%, from normal 50% for bullish condition dem. Put option skew don reach +7%, di highest for four months, show say demand for downside protection dey increase. Meanwhile, annualized futures premium still dey for neutral 5–10% band around 7%, mean say traders no dey arrange for sharp fall below $110,000 even tho recent test of $112,000 and Bitcoin dey struggle to carry back $115,500. High US 10-year Treasury yields wey fall from 4.32% to 4.21% show say risk aversion dey increase, e dey push hedging strategy as corporate earnings weak and global trade tension dey. To dey watch metrics like put-call ratio and futures premium fit give insight into how market sentiment dey change and how Bitcoin fit resist external pressure dem.
Neutral
Dis news dey neutral for Bitcoin price. As demand for put options dey rise, e mean say market dey more cautious and e cost more to hedge, but stable futures premium inside neutral band show say traders no too dey expect big downfall. Short term, volatility fit rise as traders adjust their hedges, but no serious bearish position mean say sharp sell-off no too likely. Long term, steady demand for downside protection fit limit upward momentum but e still show say market dey tough as players dey prepare for possible shocks without abandoning bullish belief.