There are over 2x the number of calls over puts on Deribit. O | Crypto Market Time
There are over 2x the number of calls over puts on Deribit. Open interest Put/Call ratio is at it's lowest since end of Dec. 2020.
A PCR ratio below 1 suggests that traders are buying more Call options than Put options. It signals that most market participants are betting on a likely bullish trend going forward
