Bitcoin 25-Delta Put-Call Skew Widens Amid Market Consolidation

TL;DRBitcoin options positioning has shifted toward downside protection, according to Deribit and Block Scholes references.The repaired source batch removed the earlier precise -10% skew claim and kept the article broader.The article should explain skew mechanics without giving trading advice.Bitcoin options traders appear to be leaning defensive again, with 25-delta put-call skew widening on short-dated tenors as the spot market consolidates. The repaired source batch classifies the story as se