The 3-month ETH call-put skew indicator turned negative for the first time since January, which may indicate a bearish market in the short term.

Bitget App

Trade smarter

Cointime2024/04/17 11:46

By:Cointime

According to data from Amberdata and Deribit, the 3-month period ETH call-put (bullish-bearish) skew indicator showed a negative value for the first time since January earlier today, indicating a market preference for bearish options that expire after 90 days. In addition, ETH's 60-day skew indicator dropped to -3%, the lowest level since October last year, after both the 7-day and 30-day indicators declined. Meanwhile, the sentiment in the Bitcoin market remains relatively optimistic, with the bullish-bearish skew indicators for 60, 90, and 180 days all remaining positive. ETH's 180-day skew indicator also shows a slight bullish tendency. (CoinDesk)

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.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

VNBTC, a leading cloud mining platform, has launched a new service that allows users to mine cryptocurrency without any initial investment, making crypto mining accessible to both beginners and experienced users. The platform eliminates the need for expensive hardware, technical expertise, and high electricity costs, as all operations are handled in the cloud, enabling users to start mining directly from their devices.

DeFi Planet•2025/05/08 02:33

VNBTC Launches Free Cloud Mining Platform for Effortless Cryptocurrency Income

Voltage Finance Exploiter Resurfaces, Moves $182K in ETH to Tornado Cash After Months of Silence

After more than five months of inactivity, the hacker behind the 2022 Voltage Finance exploit has resurfaced—this time, moving a portion of the stolen Ether through Tornado Cash, a privacy-focused mixer.

DeFi Planet•2025/05/08 02:33

Voltage Finance Exploiter Resurfaces, Moves $182K in ETH to Tornado Cash After Months of Silence

BlackRock’s Bitcoin ETF Nears $5B in Inflows as BTC Eyes $97K Amid Bullish Momentum

Investor enthusiasm for BlackRock’s iShares Bitcoin Trust (IBIT) has shown no signs of slowing, with the spot Bitcoin ETF notching 16 consecutive days of inflows and edging closer to $5 billion in new capital. This surge in institutional interest coincided with Bitcoin’s brief spike to $97,500 during early trading on May 7, marking a return to resistance levels last seen on May 2.

DeFi Planet•2025/05/08 02:33