According to the latest data, the Put/Call Open Interest (OI) Ratio is currently at 0.59, indicating a bullish market sentiment in cryptocurrency options. This ratio shows $19.3 billion in call OI compared to $11.5 billion in put OI, with a dominant bullish skew as call positioning is increasing faster than puts. Traders should monitor these movements closely as they suggest potential upward price momentum in the market.

According to recent market data, the Bitcoin Options 25 Delta skew has shifted from neutral to bearish, despite bullish indicators such as rising prices, futures and options open interest, and dominant call positioning. This shift suggests increased hedging activity or that volatility sellers are offloading upside risk during periods of strength.