X @Wu Blockchain

Market Trends & Sentiment - Bitcoin's block market experienced a surge in put option activity, representing 28% of the total volume exceeding $1.15 billion in the last 24 hours [1] - Bearish sentiment is increasing, with skew turning more negative, approaching levels seen during the October 11 crash [1] Option Activity - The put option activity was primarily concentrated in near-term, out-of-the-money puts around $10,400 - $10,800 [1]