POPA ReconBTC is back at a major support zone as price tests the February lows.
BTC is back at a major support zone as price tests the February lows. Here's what BTC options data reveals about positioning, volatility, and sentiment beneath the surface. Volatility Cools From Recent Highs BTC implied volatility has eased despite price testing the Feb lows. 1 week IV has fallen from 60% to 35%, with the rest of the curve also drifting lower. The market is pricing less uncertainty than two weeks ago. https://glassno.de/4elkXSs Protection Demand Normalizes 25D skew has eased from the extreme levels reached during the June selloff. 1 week skew has fallen from nearly 30…
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