BIT: Ethereum call option selling pressure rises, volatility continues to decline

According to Odaily, BIT released today’s chart showing that market trading volume has clearly shrunk, lacking clear directional catalysts. While Bitcoin ETF recorded a net inflow of about 1.3 billion USD, Ethereum continues to experience capital outflows, and the demand divergence between the two has become even more pronounced. From a macro perspective, although geopolitical risks remain unresolved and volatility continues to contract, put option strategies are becoming increasingly favored.

Recent changes in the Ethereum options market are particularly notable: the proportion of selling out-of-the-money call options has surged, indicating a lack of short-term confidence in ETH’s rebound. A few months ago, traders were actively buying upward exposure; now, the trend has shifted, with more Ethereum traders choosing to earn premiums by selling call options rather than betting on a directional uptick.