Bitcoin Implied Volatility Hits 8-Month Low at 36%, Short Interest Heavily Concentrated

BTC-0.59%
According to CoinGlass and Glassnode data, on May 26, Bitcoin's implied volatility fell to 36%, marking an 8-month low. Short positions are heavily concentrated between $78,000–$83,000, with CoinGlass liquidation heatmap indicating significant bearish leverage in the area. The 30-day options Delta Skew stands at 14%, reflecting a premium on put options relative to calls. Bitcoin has remained below $90,000 for approximately four consecutive months.
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