PANews February 5 News, according to Gate Research Institute observations, the implied volatility (IV) of BTC and ETH are approximately 50% and 70%, respectively. Among them, BTC IV has already reached about the 81.7% percentile over the past year, reflecting a significant increase in the options market’s expectation of short-term price volatility. Over the past week, the 25-Delta Skew for BTC and ETH has remained in the negative territory overall, with the short end clearly steepening, indicating rising short-term hedging demand and increased sensitivity to downward volatility; however, the medium to long-term structure remains relatively stable, suggesting a cautious sentiment rather than a trend-based bearish outlook. The market is more inclined toward short-term defense and waiting for direction.
In the past 24 hours, large options trading for BTC and ETH has been dominated by put spreads: the largest structure is BTC 27MAR26 buy 75k-P / sell 80k-P, approximately 1,500 BTC, with a net premium of $370,000; ETH is 27FEB26 buy 1800-P / sell 1500-P, about 15,000 ETH, with a net premium of $320,000.
Gate has fully upgraded its options VIP fee system, covering all options products, achieving substantial fee reductions from beginner to professional levels. VIP0 users can enjoy lower rates without asset or trading volume thresholds, giving newcomers a cost advantage from the start; during the growth phase, upgrading to lower fees requires only “ten-thousand-level assets and hundreds of thousands in trading volume,” far below the mainstream platforms’ billion-level trading or high asset requirements; professional and institutional users at VIP10+ can enjoy industry-low rates of Maker 0% and Taker 0.015%, truly designed with options traders at the core.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Why Gasoline Prices and Borrowing Rates Are Directly Impacting Bitcoin
New data from March shows a familiar household pressure – fuel costs – rapidly spreading to financial markets before impacting Bitcoin. A preliminary survey from the University of Michigan recorded consumer confidence declining to 55.5, the lowest level since the beginning of 2026, among which
TapChiBitcoin12m ago
BTQ Launches Quantum-Resistant Bitcoin Testnet With BIP 360
BTQ Technologies has launched the first working implementation of BIP 360 on its Bitcoin Quantum testnet. The update allows developers to test quantum-resistant bitcoin transactions in a live environment.
Bitcoin Quantum Testnet Debuts BIP 360 Implementation
BTQ Technologies has introduced Bitco
Coinpedia40m ago
Here is why Bitcoin Cash traders should watch for this buy signal
Bitcoin Cash (BCH) remains above the crucial support level of 440 USD. Current market indicators show mixed signals, yet BCH's price action reflects positive momentum influenced by Bitcoin (BTC). Short-term trading opportunities arise, but long-term trends also need consideration for a robust strategy.
TapChiBitcoin1h ago
Bitcoin fell nearly 5% this week, with traditional markets like the S&P 500 experiencing synchronized pressure
Affected by the U.S.-Israel-Iran conflict, Bitcoin fell nearly 5% this week. The S&P 500, Dow Jones, Nasdaq, and gold all declined in sync, while crude oil rose 7.3%. Over the past three months, the S&P 500 and Nasdaq ETFs saw $64 billion in outflows, reaching historic highs. Bitcoin's net realized profits once accelerated but subsequently fell below $70,000.
GateNews1h ago
Bitcoin Whale Address Sells Over 42,000 BTC Twice in March, MSTR Subsequently Buys 22,000 BTC
Crypto analyst Murphy reviewed Bitcoin's recent capital flows, noting that whale addresses sold over 45,000 BTC each during BTC price rebounds, with some positions experiencing significant losses. Meanwhile, MicroStrategy purchased 22,337 BTC on March 17.
GateNews1h ago
