According to CoinMeta, data from the early issuance of in shows that the open interest in BTC options has rebounded to 550,000 contracts, and market sentiment has turned positive. The dvol volatility index has risen to 41, with the 25-day delta skew narrowing, and short-term skew has turned negative, indicating a weakened demand for downside protection. BTC is in the range of $75,000 to $80,000, with bullish option purchases at strike prices of $72,500 and $79,250, while demand for put options is limited.