#Market_Update #Sentiments

Realized volatility collapse: Realized volatilities for BTC, ETH and SOL spot tokens hit historic lows during early September, despite macro headwinds and the Fed’s renewed rate-cutting cycle.

Implied volatility premium: Options markets continue to price elevated implied volatility, maintaining a premium over realized levels. This dislocation, typically driven by event risk, has narrowed post-FOMC resolution.

BTC skew turns bearish: BTC options skew remains more bearish than that for ETH across tenors. August marked a sentiment shift from bullish to bearish, with volatility smiles pricing downside protection at a premium. Despite BTC reaching a $124K ATH, OTM puts dominate, signaling heightened bearish positioning.

FLUIDUSDT

Löpande

2.096

+1.25%

SUI

0.9581

+1.23%

ASTERUSDT

Löpande

0.7262

+3.33%