Glassnode: Implied Volatility of Bitcoin Call Options Rises, Bullish Sentiment in the Market Significantly Strengthens
On May 16, Glassnode stated that the implied volatility of Bitcoin call options has surpassed that of put options. This change indicates a rise in bullish sentiment in the market, with traders more inclined to bet on price increases rather than hedge against downside risk—a risk appetite signal supporting a Bitcoin rally.
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.
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