Bitcoin’s next selloff could be amplified by the traders still betting on its recovery
Glassnode’s spread crossed zero as downside skew rose, but the figures establish neither higher dollar hedge costs nor an option-selling profit. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
AI summary
Glassnode data shows a spread crossing zero while downside skew rose, suggesting traders are still positioned for a Bitcoin recovery even as hedging demand builds. The report notes the figures do not confirm higher dollar hedge costs or an option-selling profit, so the signal is directional rather than definitive. A crowded recovery bet could amplify the next selloff if positioning unwinds, which is why traders may watch skew and options flows closely.
