[Glassnode: Bitcoin Options Data Indicates Stable Market Sentiment] March 6, Glassnode stated that after Bitcoin briefly touched $74,000 and then retreated, options data released positive signals: implied volatility is lower than the early February peak, tail risk pricing has cooled; options skew narrowed from 20% to around 10%, and demand for panic hedging has decreased; trading flows are becoming more balanced, with 54.4% of options trades being bullish and 21.3% betting on a price decline. Market sentiment has shifted from panic to rationality, and short-term volatility expectations have narrowed.