Looking at the 5-day moving average of the total net call option trading volume (Call minus Put) in terms of historical percentiles, it's currently around 55%, which is a neutral to slightly optimistic position. This means the market doesn't show significant risk-averse sentiment (large net buying of Puts), nor is there a large-scale chasing sentiment (large net buying of Calls). Overall, it's in a normal risk appetite environment. Investors are not pessimistic about the direction. Typically, in this range, the market's major direction won't see short-term turning points driven by options sentiment. Instead, it’s more about waiting for macro data or liquidity changes to drive the trend. Bitget VIP, lower fees, bigger perks.