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Glassnode: Implied Volatility of Bitcoin Call Options Rises, Bullish Sentiment in the Market Significantly Strengthens
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On May 16, Glassnode stated that the implied volatility of Bitcoin call options has surpassed that of put options. This change indicates a rise in bullish sentiment in the market, with traders more inclined to bet on price increases rather than hedge against downside risk—a risk appetite signal supporting a Bitcoin rally.
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