The #movement peaked on March 17, when the volume of call options exceeded the volume of #protective put options by a 3:1 ratio.

Since March 8, #protective puts have been in greater demand, indicating #derivatives traders’ risk aversion.

Ethereum whales and market makers are no longer charging excessive premiums for #protective put options, a sign that #ETH price could be en #route to new highs.

Because the #protective put options premium is higher than risk call #options.

when fear is prevalent because the #protective put options #premium is higher than risk call options.

Vaccines and booster doses remain available and #protective against severe disease for those #willing to take them

Considering the 15.7% gain since the start of 2023, derivatives #metrics reflect zero signs of demand from leverage shorts or #protective put options.

The lack of leverage shorts and demand for #protective puts points toward a #bull trend

Between Jan. 4 and Jan. 6, the #protective put options dominated the space as the #indicator soared above 1.

Feel-good factor or truth? Chinese state media says Covid wave past its peak Covid In China: Workers wearing #protective suits stand in a booths to take #Covid-19 tests.(AP)