Crypto options predict ETH/BTC will continue to fall despite Trump's inauguration speech not mentioning Bitcoin

Odaily reported that after US President Trump did not mention any cryptocurrencies in his inauguration speech on Monday, the listed options on Deribit show that the bullish outlook of Bit relative to Eth continues. According to the risk reversal data tracked by Amberdata, as of noon Hong Kong time, the trading prices of Bit call options are higher than Eth call options across all time ranges. Risk reversal measures the difference in implied volatility between call options and put options, with a positive value indicating bullish sentiment. Bit's risk reversal indicator shows that the trading prices of short-term and near-term call options are 4 to 5 volatility points higher than put options. Meanwhile, the volatility premium of Eth call options is relatively smaller than put options. In other words, the Eth/Bit exchange rate continues to decline. At the beginning of this week, the exchange rate fell to a three-year low of 0.03. (CoinDesk)