Glassnode: Bitcoin 25 Delta Skew Reverses, Indicating Strong Risk Aversion
According to ChainCatcher, Glassnode tweeted, "Bitcoin's 25 Delta Skew reversed over the past week, indicating a strong risk-averse sentiment in the market. The 1-week skew jumped from -2.6% to +10.1%, and the 1-month skew rose from -2.2% to +4.9%, approaching levels seen before 'Liberation Day.' This suggests that traders are increasingly hedging or speculating on downside risks."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump's son-linked company Thumzup acquires Dogecoin and Litecoin mining company Dogehash
MegaETH to Launch Pre-Deposit Cross-Chain Bridge with a Cap of 250 Millions USD
Barr: Still concerned about inflation remaining at 3%, monetary policy needs to be formulated with caution
The three major U.S. stock indexes opened higher, Nvidia surged 5%
Trending news
MoreCrypto prices
More
