BiyaPay analyst: Bearish premium has retreated from 11% to 4.5%, Bitcoin panic selling alleviates.

BlockBeats news, on November 26, signals from the Options market indicate that the current big dump of Bitcoin may be nearing its end. BTC has recently rebounded from a seven-month low to about $88,000, with the weekly bearish relative bullish premium dropping from 11% to about 4.5%, and panic buying for downside protection has significantly cooled off. BiyaPay analysts believe that both the RSI and implied volatility are in the “oversold recovery” range, and a short-term stabilization is expected around $80,000 to $85,000. However, before the Fed's interest rate meeting in December, the rebound is still constrained by macro uncertainty, and it is advisable to control leverage and layout in batches. Currently, users can trade US stocks, Hong Kong stocks, and futures using USDT through BiyaPay, and enjoy 0 transaction fees for digital money spot and contract trading, allowing for flexible allocation of various assets in a fluctuating environment.