Glassnode: Bitcoin 25 Delta Skew reversal indicates strong risk aversion sentiment

ChainCatcher message, Glassnode tweeted, "The 25 Delta Skew of Bitcoin has flipped in the past week, showing a strong risk-averse sentiment in the market. The 1-week skew jumped from -2.6% to +10.1%, and the 1-month skew rose from -2.2% to +4.9%, nearing levels before the 'liberation day'. This indicates that traders are increasingly hedging or speculating on downside risks."