According to @glassnode, off-chain risk signals weakened as the spot market RSI slid to 43.6, nearing oversold territory, signaling softer momentum, source: Glassnode on X, Aug 26, 2025. Futures open interest contracted 2.6% to $45.9B, consistent with deleveraging and reduced directional exposure, source: Glassnode on X, Aug 26, 2025. Options skew spiked to 8.2%, indicating rising demand for downside hedges and higher put premia, source: Glassnode on X, Aug 26, 2025. ETF flows flipped to a $1B net outflow, reflecting growing institutional caution and potential spot selling pressure, source: Glassnode on X, Aug 26, 2025. Trading takeaways align with these prints: keep leverage light, consider put or collar hedges, and monitor ETF flows and options skew for further risk-on or risk-off cues, source: Glassnode on X, Aug 26, 2025.