BIT: Ethereum Call Option Selling Pressure Rises, Volatility Continues to Decline

Odaily News BIT released a chart today stating that market trading volume has significantly shrunk, lacking a clear directional catalyst. While Bitcoin ETFs recorded approximately $1.3 billion in net inflows, Ethereum continued to experience capital outflows, further intensifying the divergence in demand between the two. From a macro perspective, despite unresolved geopolitical risks, volatility continues to converge, making put option strategies increasingly favored.

Recent changes in the Ethereum options market are particularly notable: the proportion of selling upside call options has risen sharply, indicating a lack of market confidence in a short-term ETH rebound. A few months ago, traders were actively buying upside exposure; now the trend has shifted, with more Ethereum traders choosing to earn premiums by selling call options rather than betting on directional price increases.