According to BlockBeats, on May 29th, CoinDesk analyst Omkar Godbole stated in a post that "Bitcoin (BTC) has been trending sideways since hitting a historic high of over $110000 last week. The weakening of upward momentum is accompanied by signs that market participants' bullish sentiment towards options related to BlackRock's spot Bitcoin ETF (IBIT) is gradually weakening. This trend can be clearly seen from the skewness of one-year put call options. This indicator reflects the market's pricing of volatility risk for put options (used for downside protection) relative to call options (representing call bets). A negative value of this indicator usually indicates a bullish market, while a positive value indicates market concerns about downside risks. The one-year option skewness of IBIT has rebounded from a four month low of -3.8 two weeks ago to nearly zero. This means that IBIT option traders are no longer actively betting on further gains through options. Perhaps they expect the market to experience a pullback. Similar emotions have also emerged in the options market on the Deribit platform. According to Amberdata's data, the skewness of short-term call options has weakened, meaning that the prices of call and put options expiring in the next two weeks tend to be consistent