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Odaily Planet Daily News According to CF Benchmarks' analysis of Chicago Mercantile Exchange (CME) Bitcoin futures and options, despite yesterday's weak U.S. CPI inflation report, investors are ready to pay a premium for short-term downside protection, and option traders expect Bitcoin prices to adjust in the short term. CF Benchmark analysts said that although Bitcoin broke through the $66,000 mark yesterday, "the implied volatility of out-of-the-money put options is still higher than that of call options." In addition, the volatility curve between long-term put options and call options is "flatter," while call options are slightly tilted, indicating that investors are more optimistic about Bitcoin's long-term prospects. (TheBlock)

Odaily Planet Daily News According to CF Benchmarks' analysis of Chicago Mercantile Exchange (CME) Bitcoin futures and options, despite yesterday's weak U.S. CPI inflation report, investors are ready to pay a premium for short-term downside protection, and option traders expect Bitcoin prices to adjust in the short term. CF Benchmark analysts said that although Bitcoin broke through the $66,000 mark yesterday, "the implied volatility of out-of-the-money put options is still higher than that of call options." In addition, the volatility curve between long-term put options and call options is "flatter," while call options are slightly tilted, indicating that investors are more optimistic about Bitcoin's long-term prospects. (TheBlock)

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