QCP Capital: The BTC put option skew has recovered from the -25% panic level to the -5% pre-washout level.

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PANews
08-12
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PANews reported on August 12 that QCP Capital pointed out that it has been a week since the market fell sharply. Although the price recovery momentum is strong, BTC is still struggling to stay above $60,000. The BTC put option skew has recovered significantly from -25% during the panic to -5% before the wash, but the market remains cautious in the short term, and the BTC put option skew will continue until September. As BlackRock continues to have positive capital inflows this week, US investors are expected to continue to provide liquidity and support. Macro factors remain critical to the crypto market. Although Asian stocks are supported today, some potential volatility events need to be noted, such as Musk's interview with Trump and the US CPI data on Wednesday.

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