X @CoinDesk

RT Deribit (@DeribitOfficial)BTC’s 6-month outlook turns bearish 📉The 180-day call-put skew on Deribit just hit -0.42, its most negative reading since June 2023. That means traders are paying up for downside protection, flipping long-term sentiment bearish even after only an 8% pullback from ATHs.BTC has also slipped below the Guppy moving average bands, which is a signal that bullish momentum is fading and that the downside risk is building.Full article by @CoinDesk ⤵️https://t.co/KIzeboComt ...