Greeks.live: Options market data shows that the market is weakening, and the market outlook in February is not optimistic

Odaily News Adam, an analyst at Greeks.live, wrote on the X platform: "BTC saw a large number of put option block trades today, with a nominal value of $600 million accounting for a quarter of the total trades. Two put calendars tonight alone are worth $110 million. The market is weakening, and confidence is also declining. The short-term Skew is close to 0, and the medium- and long-term Skew and IV have also fallen significantly. The market outlook for February is not optimistic. There are still a large number of altcoins waiting to be unlocked in the first quarter, and the market is currently short of funds."