Bitcoin’s new rally in waiting? Unraveling 3 key signals
The post Bitcoin’s new rally in waiting? Unraveling 3 key signals appeared on BitcoinEthereumNews.com.
Bitcoin’s 1M 25 Delta Skew fell to -6.1%, showing higher demand for calls over puts in the options market. Whale Exchange Balance Change dropped to -49.7K BTC over 30 days, confirming lower sell-side pressure. Although Bitcoin [BTC] has struggled to keep an upward momentum and continued to trade under a straight consolidation channel, sentiment remains bullish. The king coin continues to see strong demand from all market participants. Call options surge According to Glassnode, Bitcoin’s 1M 25 Delta Skew has dropped to -6.1%, showing call options now carry higher implied volatility than puts. Source: Glassnode At present, 205,447.56 BTC are allocated to call options—around 60% of the total. Puts account for just 131,697 BTC, or 39%. That imbalance shows a clear directional bias. When calls dominate like this, it typically reflects strong upward conviction among market participants. CoinGlass data confirms this trend. Traders appear willing to pay a premium for upside exposure, positioning for a rally rather than hedging risk. This structure sends a risk-on signal, supporting bullish continuation. Whales accumulate as netflows stay negative Source: CoinGlass We can see this demand across market participants from both retail traders and whales. For starters, Bitcoin’s spot Netflow has held within the negative territory over the last five days. It sat at -$48.9 million at press time, reflecting a strong accumulation trend. Looking further, this demand for Bitcoin is even more aggressive among large holders. Whales have been accumulating BTC over the last 30 days. Thus, Whale Exchange Inflows have significantly declined over the last months. For instance, on Binance, whale inflow has declined to hit a 6-month low. Source: Checkonchain On top of that, Whale Exchange Balance Change hit -49.7K BTC over the last 30 days, while large whales (1K–10K BTC) showed a -26K balance shift. Simply put, whales are not sending…
Filed under: News - @ May 17, 2025 9:12 pm