Bitcoin’s Bearish Ballet: Is Jackson Hole the Final Act? 🎭💰

First off, the 180-day call-put skew on Deribit-the largest crypto options exchange, don’t you know-is looking more glum than a butler on a Monday morning. As of this scribble, it’s sitting at a negative 0.42, the lowest since June 2023. Amberdata says so, and they’re not ones to fib. A negative skew? That’s traders betting on put options like they’re going out of fashion. 🕶️💼







