TechFlow news, March 7 — According to CoinDesk, Block Scholes analyst Andrew Melville cited Deribit data indicating that traders are chasing short-term put options on BTC, ETH, and SOL, possibly due to the Trump crypto strategic reserve plan falling short of expectations. Options skew data shows short-term BTC, ETH, and SOL puts trading at a premium to calls, signaling market concerns over downside risks. However, XRP options show a preference for calls across all timeframes except one.
Market focus has now shifted to today's White House cryptocurrency summit and the U.S. nonfarm payrolls data. Markus Thielen, founder of 10x Research, warned that although rate markets now anticipate three rate cuts this year, this outlook may be overly optimistic, as the Fed may prioritize monitoring the impact of Trump’s policies on inflation—a process that could take months.
