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According to Glassnode data, the open interest of BTC options has rebounded to 550000 BTC, and the DVOL volatility index has rebounded to 41. 25 Delta Skew narrows in each period, short-term skewness turns negative, and the demand for downward protection weakens. BTC is in the Gamma range of $75000 to $80000, with call option purchases at strike prices of $72500 and $79250, and limited demand for put options.