Glassnode: BTC Options Turn More Constructive

Glassnode reports BTC options turning more constructive as volatility eases, the put/call ratio reaches a six-month low, and upside exposure rebuilds.

Price sits at $63083.16 inside Bollinger bands with lower support at $62747.08 while EMA50 at $63688.4 and EMA200 at $63665.85 act as overhead resistance in the bearish structure; neutral RSI at 41.74 paired with MACD death cross at -106.6 signals consolidation likely before any continuation in BTC options data and Bitcoin volatility trends.