According to Omkar Godbole, the 180-day skew for BTC options has reached zero, indicating that the pricing of long-term calls and puts is now balanced. This shift suggests reduced directional bias among options traders, which could signal increased market stability or a potential inflection point for Bitcoin (BTC) price movement. Traders may consider adjusting their strategies as neutral sentiment in the options market often precedes volatility changes. Source: Omkar Godbole via Twitter.

According to Crypto Rover, the Bitcoin Fear & Greed Index is currently showing a neutral sentiment as of May 1, 2025, indicating a balanced stance between bullish and bearish traders. This neutral reading suggests there is no overwhelming market momentum in either direction, which could result in sideways price action or increased volatility as traders await stronger signals. Monitoring the index can help traders identify potential breakout points and adjust their strategies for Bitcoin trading accordingly (source: Crypto Rover on Twitter).

According to Miles Deutscher, citing Dynamo DeFi, the crypto market has remained in a 'neutral' sentiment only 15% of the time since 2022, indicating significant volatility and frequent sentiment shifts. This highlights the importance for traders to base decisions on data rather than emotions.