Bitcoin options show caution, pro traders boost bullish bets ahead of Fed rate decision

The Bitcoin options market reflects caution, while top traders increased their bullish positions as optimism in a Federal Reserve rate cut grows.

Key takeaways:

The Bitcoin options delta skew rose above the 7% neutral threshold, signaling cautious trader sentiment ahead of the US Fed decision.

The top traders’ long-to-short ratio and $292 million spot ETF inflows support optimism despite mixed BTC derivatives.

Read more

Read Entire Article


Add a comment