Bitcoin Options Put/Call Ratio Hits 6-Month Low at 0.59, Market Sentiment Turns Bullish

BTC1.01%
According to Glassnode, Bitcoin options market sentiment has turned constructively bullish. The BTC put/call ratio declined to approximately 0.59, marking a six-month low, indicating traders are reducing downside hedges and re-establishing bullish exposure. Meanwhile, the implied volatility index DVOL dropped from 48 to 40, showing the fear premium accumulated in June is partially receding, though current volatility remains elevated compared to May lows, suggesting some lingering market uncertainty.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments