Markets· ★★· bearish·

Bitcoin 30-day put implied volatility runs 2.4 points above calls

  • —30-day put-call IV spread at 2.4 points, per SwoleCharts
  • —Deribit 25-delta skew ranges 1.27–4.50% by expiry
  • —The nearest expiry carries the largest skew
  • —One-week risk reversal stood at -2.58 points on Oct. 22
Why it matters: Elevated demand for downside protection points to cautious positioning, though skew alone does not predict a price decline.
Source: TokenPost