QCP Capital: The skew of Bitcoin put options has recovered from -25% to -5%

2024-08-12 20:46:05
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ChainCatcher news, QCP Capital's latest report points out that since last week's significant market correction, the BTC price has rebounded strongly but is still struggling to maintain levels above $60,000. The BTC put option skew has significantly recovered from -25% during the panic to -5% before the washout, but the market remains cautious in the short term, expecting the BTC put option skew to persist until September.

Due to continued positive capital inflows from BlackRock this week, QCP Capital expects U.S. investors to continue providing liquidity and support. Macroeconomic factors remain key to the crypto market. Although Asian stock markets received support today, some potential volatility events need attention, such as tonight at 8 PM ET Elon Musk's interview with Trump and Wednesday's U.S. CPI data.

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