TechFlow news: Greeks.live analyst Adam reported a significant surge in large-volume bearish options trades in the Bitcoin market, with a single-day notional value reaching $600 million, accounting for 25% of total trading volume. Among these, just two bearish calendar spread option trades executed that evening amounted to $110 million.
Currently, short-term skew is near zero, while mid-to-long-term skew and implied volatility (IV) have notably declined. Coupled with a large number of altcoins scheduled for unlocking in Q1 and tightening market liquidity, the market outlook for February appears grim.





