Crypto Express
07/09 02:44
SOL market reaction
SOL dipped about 2% from $154 to $147 after the update. According to Options data, the market skew suggested range-bound activity in summer.
In particular, in the past 24 hours, the largest volume of call options contracts (bullish bets) was concentrated at $152, $154, and $160 (green bars).
Meanwhile, puts (bearish bets) and potential price floors were at $140 and $144. In short, Options traders expected SOL to remain range-bound within $140-$160 in the near term.
In particular, in the past 24 hours, the largest volume of call options contracts (bullish bets) was concentrated at $152, $154, and $160 (green bars).
Meanwhile, puts (bearish bets) and potential price floors were at $140 and $144. In short, Options traders expected SOL to remain range-bound within $140-$160 in the near term. 
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