Despite initial bullish sentiment for Bitcoin’s fourth quarter (Q4), market uncertainty has emerged following recent price fluctuations and increased volatility. Adam, a researcher at Greeks.live, shared insights on social media regarding the options market outlook for Q4. While optimism initially prevailed, a sharp drop in October triggered a shift towards pessimism. 📈
This week’s data shows declining indicators of risk aversion (like RV, IV, and 25D Skew), but the underlying trend continues to lean bearish. Increased demand for position adjustments among large investors, fueled by upcoming month-end settlements and heightened volatility, adds further concern.
While a short-term bottom appears likely based on current market trends, the outlook for Q4 remains uncertain due to elevated volatility expectations.