Markets· ★★★· bearish·

Bitcoin options: put/call ratio at 1.27, open interest $1.48B

  • —Open interest: 7,849 calls vs 9,987 puts, put/call ratio 1.27
  • —24-hour volume put/call ratio at 1.01, puts slightly ahead
  • —Max pain at $83,000; heaviest interest in $78,000 puts
  • —Across all expiries, $95,000 calls hold the most open interest
Why it matters: The put skew shows demand for downside protection, but heavy call positioning at $95,000 signals medium-term upside expectations remain intact.
Source: TokenPost