Viewpoint: The options market's expectation of downside risk has surged sharply, with short-term risk hedging becoming the current market focus. According to Odaily, macro researcher Adam analyzed that yesterday the ETH price briefly fell below 4000 USD. After the big dump, the implied volatility (IV) of major contracts remained basically flat, but the skew significantly tilted towards put options, with put option prices vastly exceeding call option prices. The options volume has not shown significant growth, and some market makers have purchased put options for risk hedging.

ETH-0.87%
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