According to crypto analytics platform Laevitas, Bitcoin (BTC) futures and options are showing positive signals, indicating a bullish sentiment in the market. Laevitas highlights that Bitcoin futures' monthly contracts are trading at a 12% annualized premium, showing a strong bullish bias among traders. Typically, an annualized premium between 5% and 10% is considered neutral. Additionally, the 25-delta put-call skew (the ratio between put and call option contracts) in Bitcoin options has been trading with a 2% lower premium for puts than calls, a sign of increased bullishness. Laevitas notes that "Typically this reading is above 6% when large adjustments are expected," suggesting that "the market is pricing in a lower chance of a large downward correction, even amid continued price volatility."

#BTC