Bitcoin Put-Call Premium Falls to 4.5% From 11% as Panic Selling Eases

Bitcoin's one-week put-call premium dropped to approximately 4.5% from 11%, signaling reduced panic buying of downside protection, BiyaPay analysts said. BTC rebounded to around $88,000 from a seven-month low. Analysts note RSI and implied volatility are in oversold recovery zones, suggesting potential stabilization in the $80,000–$85,000 range, though upside remains constrained by macro uncertainties ahead of the Federal Reserve's December meeting.