Cryptocurrency specialized media CryptoSlate reported on the 9th that "although Bitcoin prices are temporarily showing a bearish trend below $80,000, options traders expect this correction not to last long." The media explained, "Looking at option prices, volatility, and on-chain indicators, the current Bitcoin market is undergoing a healthy correction rather than a 'capitulation.' While selling pressure in the spot market is easing, the sentiment in the options market is more optimistic. Implied volatility, which had fallen to its lowest level since October 2025, has recently shown a sharp rebound. At the same time, the 25-delta skew, an indicator showing which demand is stronger between call and put options, is also rapidly normalizing its distortion. This means that traders' bearish hedge positions are decreasing, and demand for upside exposure is steadily increasing."
