Crypto traders not panicking despite cooling sentiment, options data shows
Data from analytics firms Laeviats and 10x Research indicates that while bullish sentiment has cooled, bitcoin and ether traders are not yet positioning for a crash or deep sell-off. Bitcoin's 7-day skew is at -0.45v, which is at the 92nd percentile of its 52-week range, suggesting downside remains historically cheap. Bitcoin is currently testing the $82,813 support level, which was previously resistance in May and flipped to support on September 21.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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