Bybit and Block Scholes have released a new weekly report indicating trends of market stabilization in cryptocurrencies and reduced volatility.
Market Stabilization and Reduced Protection Demand
The recent halt in the broader sell-off has cooled demand for short-dated protective options. Volatility has declined, leading to a calmer derivatives market environment.
Decline in ETH Volatility
ETH continues to stabilize around $2000, with demand for call options now exceeding that for puts, indicating a potential shift towards bullish positioning.
Report's Significance for Traders
The Bybit and Block Scholes report provides valuable insights into current trends in spot and derivatives markets, aiding traders in making more informed decisions.
The new report by Bybit and Block Scholes emphasizes the importance of price resilience in the crypto asset market and declining volatility, which may be beneficial for traders and investors.
