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Bitcoin’s climb above $35,000 followed by surprisingly measured market Bitcoin’s climb above $35,000 followed by surprisingly measured market

Bitcoin’s climb above $35,000 followed by surprisingly measured market

with insights from Glassnode

The put/call ratio's gradual increase reflects a market that, while still bullish, is becoming more cautious.

Bitcoin’s climb above $35,000 followed by surprisingly measured market

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Options are pivotal in gauging market expectations, allowing traders to secure the right to buy (call options) or sell (put options) Bitcoin at a predetermined price. The open interest – the sum of all active option contracts – and the ratio between puts and calls can reflect the market’s sentiment and conviction. At the same […]