Block Scholes: Options data show a more bearish trend in the short term, and market uncertainty will ease at the end of September

Implied volatility levels for Bitcoin and Ethereum options have increased significantly across different expirations, analytics and research platform Block Scholes said in a new report it authored. This surge is particularly evident in short-term options, pointing to heightened uncertainty in the near term. Analysts say the derivatives market is clearly biased towards out-of-the-money put options on Bitcoin and Ethereum in the short term. The trend points to an increasing bearish outlook in the short term as spot prices struggle to recover from recent losses. Some aggressive traders may want to buy call options expiring at the end of September, when uncertainty should ease.