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BTC options data reveals market vulnerability

BTC options data reveals market vulnerability

币界网币界网2026/01/30 21:49
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Reported by Bijie Network: According to Bijie Network, glassnode tweeted that the nomination of the Federal Reserve Chairman and higher-than-expected PPI data have triggered a hawkish shock, putting pressure on commodities and cryptocurrencies, leading to declines. BTC options data shows that market makers hold a large amount of short Gamma positions, intensifying market sell-offs; there is a $1.25 billion short Gamma zone near $80,000, and a break below this level could accelerate the downside. Short-term implied volatility has surged, with demand for put options dominating the market. The put/call volume ratio has jumped from 0.6 to 1.4, indicating that the market remains dominated by defensive positions.
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