BiyaPay Analyst: Bearish Premium Drops from 11% to 4.5%, Bitcoin Panic Selling Eases

On November 26th, the signal in the options market indicates that the current round of decline of Bitcoin may be coming to an end. BTC has recently rebounded from a seven-month low to approximately $88,000. The put/call ratio has dropped from 11% to around 4.5%, suggesting a significant decrease in panic buying for downside protection. Analysts at BiyaPay believe that both the RSI and implied volatility are in the "oversold recovery" zone, with a short-term expectation of stabilizing around $80,000 - $85,000. However, ahead of the Federal Reserve's December interest rate decision, the rebound is still constrained by macroeconomic uncertainty. It is recommended to control leverage and stagger positions. Currently, users can use BiyaPay to trade US stocks, Hong Kong stocks, and futures with USDT, enjoying zero trading fees for digital currency spot and derivatives trading, enabling flexible allocation of various assets in volatile market conditions.