Bitcoin 25-delta skew reaches -11.3% on 7D tenor as puts command premium; 4h chart shows $62389.84 testing lower Bollinger support amid bearish EMA structure.

Bitcoin put demand at 70K strike holds steady with net premium favoring buyers, signaling consistent protection needs amid BTC price prediction volatility.

According to VanEck, Bitcoin's price has shown signs of stabilization, but traders are increasingly investing in protective measures against potential downside risks. This trend indicates cautious sentiment among investors despite the reduced volatility in BTC markets.

According to The Kobeissi Letter, weekly trading volume in credit default swaps tied to major tech companies reached approximately $8 billion in December 2025, the highest on record, with volumes more than doubling since August 2025. According to The Kobeissi Letter, AI-driven corporate borrowing is pushing investors to seek greater downside protection in tech credit, underscoring elevated hedging demand in the sector.

According to @glassnode, 25-delta skew remains firmly in put territory and is compressed around 10% across option tenors. According to @glassnode, even as implied volatility declines, puts are priced richer than calls, signaling persistent demand for downside protection.

According to @glassnode, earlier peaks in April 2024 and January 2025 aligned with high-volatility environments, while the recent 125K top emerged under notably calmer conditions similar to mid-2023, indicating shifts in volatility are reshaping market expectations and demand for downside protection, source: Glassnode on X, Dec 5, 2025. According to @glassnode, the firm will soon publish this metric on the Glassnode platform, enabling direct tracking of volatility regime changes and associated hedging demand, source: Glassnode on X, Dec 5, 2025.