Currently, among the mainstream cryptocurrencies in the market, BTC and SOL are performing prominently.
As a traditional representative of cryptocurrencies, BTC remains the main channel for entering the market, while SOL is increasingly becoming a representative of Meme coins.
Current market incremental funds are primarily flowing into BTC and Meme coins, with BTC struggling to break through around $92,000, showing a certain consolidation trend.
As volatility gradually decreases, implied volatility (IV) has also retreated, and the skew curve has shown a slight downward trend, indicating that institutional investors are reducing their allocation to call options.
Although market sentiment remains relatively optimistic, all current market signals seem to point towards a potential sharp correction near $519.
Therefore, actively positioning in medium-term put options might be a relatively cost-effective choice.
