Markets· ★★★· neutral·

Bitcoin downside fear eases short-term but persists on longer tenors

  • —One-week BTC put-call skew dropped from ~10% to below 1%
  • —Put skew stays elevated on 1-, 3- and 6-month tenors
  • —Most-traded Deribit contract: Oct. 30 $65,000 BTC put
  • —On Ethereum, the Oct. 29 $3,400 call led volume
Why it matters: Fading short-term hedging suggests panic has cooled, but persistent long-dated put demand shows traders remain wary about the durability of any rally.
Source: Koin Bülteni