TechFlow News: On April 6, BIT (formerly Matrixport) released its chart of the day stating, “Market trading volume has notably contracted, and there is a lack of clear directional catalysts. While Bitcoin ETFs recorded approximately $1.3 billion in net inflows, Ethereum continues to experience capital outflows—further widening the demand divergence between the two assets. From a macro perspective, although geopolitical risks remain elevated, volatility continues to compress, making put-selling strategies increasingly attractive.”
Recent shifts in the Ethereum options market are especially pronounced: the proportion of upside call options sold has surged significantly, indicating waning market confidence in ETH’s near-term rebound. Just months ago, traders were actively buying upside exposure; now sentiment has shifted, with more Ethereum traders opting to sell call options to collect premium rather than bet on directional upside.
