Analyst: Traders are pursuing short-term put options for BTC, ETH, and SOL
Block Scholes analyst Andrew Melville, citing Deribit data, said that traders are chasing short-term bearish options for BTC, ETH and SOL due to Trump's crypto strategic reserve plan not meeting expectations. Options skew data shows that short-term BTC, ETH and SOL put options are trading at a premium relative to call options, indicating market concerns about downside risk. However, XRP options show a preference for call options in all time frames except one.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
pStake undergoes brand upgrade, transforming into a research-driven AI and Web3 laboratory
Japanese listed company Metaplanet to issue senior Class A preferred shares MARS
Bloomberg: Ripple completes $500 million share sale, investors receive special protection clauses
Ripple completes approximately $500 million secondary market share sale, valuation around $40 billion
Trending news
MoreCrypto prices
More
