Options Markets Show Skepticism, Not Fear

[etfs]

Bitcoin 1-month options delta skew (put-call) at Deribit. Source: laevitas.ch

Bitcoin’s options market reinforces the message of guarded sentiment. Put options continue to trade at a premium, meaning professional traders are demanding higher compensation for downside risk. While the put-call skew remains within neutral territory, it is far from signaling bullish positioning.

At the same time, there are no signs of panic. Bond markets tracked by the CME show limited expectations for rapid interest-rate cuts, keeping inflation concerns alive. For now, derivatives traders appear content to wait, expecting confidence to rebuild slowly after Bitcoin’s extended consolidation near the $89,000 level.

[mendez]

chopping around 89k for this long would bore retail to death, which is probably the point