What Are Savvy Bitcoin and Ether Traders Preparing For as Summer Approaches?

Description

Savvy bitcoin BTC and ether ETH traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer. That's the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or vice versa. At the time of writing, risk reversals based on Deribit -listed bitcoin and ether options indicated that investors were positioning for downside volatility over the summer. BTC...