Analyst: Put Options Still Dominate the Market, Today's BTC Block Put Options Trading Exceeds $10 Billion

According to a post by Adam, a macro researcher at Greeks.live, on platform X, put options continue to dominate the market. Today, BTC block put options trading exceeded $10 billion, accounting for 37% of the total, primarily consisting of out-of-the-money options priced between $60,000 and $65,000. In terms of maturity, the main focus is on medium-term options expiring in the next one to three months. This indicates that institutions hold a negative outlook on the medium to long-term market trend, with a stronger bearish expectation over the next one to two months.