glassnode: Bitcoin options data shows the market remains in a state of panic
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Foresight News reported that glassnode released data analysis showing that bitcoin options data indicates the market is still in a state of fear and lacks confidence in a bottom rebound. Looking at the premium trend of call options with a $120,000 strike price in the medium to long term, there are still no signs of gradually building long-term positions. On the contrary, traders have taken advantage of brief breathing room to sell call options with a $120,000 strike price, even for options with long-term expirations.
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