[Viewpoint: BTC Bullish Leverage Still Far Below Overheated Levels, Speculative Sentiment Remains Moderate] BlockBeats News, September 21, glassnode stated that as BTC surpassed $86,000, bullish leverage in the options market is gradually recovering. The put/call ratio of open interest is rising but remains far below the overheated levels observed near BTC's peak. Speculative sentiment in the perpetual contracts market also remains relatively moderate, with funding rates still below neutral levels. [Original Link]