According to @glassnode, after the latest FOMC event, crypto options implied volatility has compressed, downside risk remains consistently priced, and skew plus flow data point to expectations of limited upside, range-bound trading, and continued sensitivity to macro drivers rather than new policy catalysts; source: @glassnode, Dec 12, 2025.

According to glassnode on X on Dec 12, 2025, the Federal Reserve delivered the expected rate cut while the pace of future cuts remains uncertain, and the market reaction is visible through volatility, skew, and options flow. According to glassnode, traders should read the move by tracking changes in implied volatility, shifts in skew that reflect demand for downside versus upside protection, and options flow that reveals positioning and hedging across crypto derivatives. According to glassnode, these derivatives metrics provide the fastest signal of how macro policy is being repriced in the crypto market and can guide short-term risk management and entries.

According to @glassnode, post-FOMC at-the-money implied volatility has already compressed across 1-week through 6-month maturities, meaning options are pricing smaller expected moves and tighter ranges (source: @glassnode). Per @glassnode, with the policy catalyst now behind, the market is de-pricing uncertainty across the term structure, signaling reduced event risk being priced (source: @glassnode).

According to @glassnode, the options open interest put/call ratio has been rising over recent weeks, indicating a build-up in put positioning (source: @glassnode, Dec 12, 2025). According to @glassnode, even after the FOMC meeting, activity stayed skewed toward puts, signaling continued demand for downside protection (source: @glassnode). According to @glassnode, this morning’s expiry pushed the ratio lower as post-meeting hedges rolled off, reducing the put-heavy skew in open interest (source: @glassnode).

According to @glassnode, DVOL—described as a single-number snapshot of implied volatility—fell immediately after the referenced event. Source: @glassnode on X, Dec 12, 2025; glassno.de/4pFLFIS. This drop often indicates volatility supply returning and less urgency among traders to hedge or seek upside exposure, a key shift for crypto options positioning. Source: @glassnode on X, Dec 12, 2025; glassno.de/4pFLFIS.

According to @glassnode, 25-delta skew remains firmly in put territory and is compressed around 10% across option tenors. According to @glassnode, even as implied volatility declines, puts are priced richer than calls, signaling persistent demand for downside protection.

According to @glassnode, unrealized losses across the crypto market have climbed to approximately $350 billion, with around $85 billion in BTC. Source: Glassnode, Dec 11, 2025, glassno.de/4oRkiua. @glassnode adds that multiple on-chain indicators are signaling shrinking liquidity across the ecosystem. Source: Glassnode, Dec 11, 2025, glassno.de/4oRkiua. As a result, @glassnode indicates the market is likely entering a high-volatility regime in the weeks ahead, a key consideration for near-term trading. Source: Glassnode, Dec 11, 2025, glassno.de/4oRkiua.

According to @glassnode, ETH spot ETFs have started to record modest inflows after weeks of steady outflows, marking the first signs of life in primary market demand; source: @glassnode on X, Dec 11, 2025, glassno.de/48HBugV. According to @glassnode, the return of inflows hints at easing redemption pressure across ETH spot ETF products, which had been under persistent outflow trends; source: @glassnode on X, Dec 11, 2025, glassno.de/48HBugV. According to @glassnode, a sustained move back into net positive territory would signal improving ETH demand into year-end, a development traders monitor for momentum shifts; source: @glassnode on X, Dec 11, 2025, glassno.de/48HBugV.

According to @glassnode, the team has constructed the Glassnode Skew Index as a comprehensive measure of how options markets price asymmetric risk. Source: @glassnode. The index is presented as a dedicated tool for measuring market asymmetry in options pricing. Source: @glassnode. The release focuses on quantifying asymmetric risk priced by options markets to inform trading analysis. Source: @glassnode.

According to @glassnode, since early February the XRP Total Fees Paid per Day on a 90-day simple moving average fell from 5.9K XRP/day to 650 XRP/day, an approximately 89% decline and the lowest level since December 2020. Source: glassno.de/4puK7RA. According to @glassnode, the metric reflects aggregate on-chain fee payments for XRP presented as a 90D-SMA, showing a multi-month decline in network fee expenditure. Source: glassno.de/4puK7RA.

According to @glassnode, Bitcoin (BTC) is holding a fragile trading range as realized losses climb, long-term holder selling increases, and spot demand remains weak, indicating cautious market conditions. source: Glassnode. ETF flows, on-chain liquidity, and futures activity are subdued, signaling limited directional conviction and constrained market depth. source: Glassnode. Options markets are pricing short-term volatility ahead of the FOMC, highlighting event-driven risk for near-term price action. source: Glassnode. The combined backdrop of rising losses, LTH distribution, and muted ETFs/liquidity/futures aligns with range-bound dynamics until a clear catalyst materializes. source: Glassnode.

According to @glassnode, The Altcoin Vector #32 is a weekly professional-grade report designed to help traders identify high-conviction setups across volatile altcoin markets, providing targeted insights for trading decisions, source: @glassnode.

According to @glassnode, The Bitcoin Vector #33 is presented by Glassnode and built by Swissblock in collaboration with Willy Woo, confirming the provenance of this Bitcoin (BTC) report. Source: @glassnode. The announcement credits Swissblock and Willy Woo for construction and identifies Glassnode as presenter, establishing authorship and publication for traders referencing this Bitcoin-focused edition. Source: @glassnode.

According to @glassnode, Solana’s Realized Profit-to-Loss Ratio (30D-SMA) has remained below 1 since mid-November, indicating realized losses now exceed realized profits for SOL; source: glassno.de/3MoCPAt; X post by @glassnode on 2025-12-10. According to @glassnode, this reading signals liquidity has contracted back to levels typically seen in deep bear markets, a key on-chain indicator for traders monitoring SOL liquidity and market depth; source: glassno.de/3MoCPAt; X post by @glassnode on 2025-12-10.

According to @glassnode, corporate Bitcoin treasuries held by public and private companies expanded from 197,000 BTC to 1.08 million BTC since January 2023, a roughly 448% increase (source: Glassnode, https://glassno.de/3Yfjrs3; tweet dated Dec 9, 2025). According to @glassnode, this implies an incremental ~883,000 BTC moved onto company balance sheets over the period, with corporate balance sheets becoming an increasingly significant pillar of BTC spot demand that traders monitor (source: Glassnode, https://glassno.de/3Yfjrs3).

According to @glassnode, on-chain indicators improved this week as fundamentals and profit/loss states strengthened on rising activity and realized outcomes, while capital flows softened with value rotation easing; improvements are emerging but conditions remain uneven; source: @glassnode, Dec 8, 2025.

According to Glassnode, the latest Market Pulse compiles current on-chain and off-chain insights to inform data-driven crypto trading decisions (source: glassno.de/4a8QGEV). According to Glassnode, the full report is available for traders seeking a consolidated view of market conditions and signals in one place (source: glassno.de/4a8QGEV).

According to @glassnode, Bitcoin rebounded toward 94K but the market remains unconvinced, with momentum improving and volumes rising during the move (source: Glassnode on X, Dec 8, 2025). @glassnode reported that Spot CVD fell despite the bounce, signaling that spot market aggressors were net sellers over the period (source: Glassnode on X, Dec 8, 2025). @glassnode noted that derivatives open interest declined, indicating reduced leveraged exposure into the rally (source: Glassnode on X, Dec 8, 2025). @glassnode highlighted that options flows show demand for downside hedging, reflecting increased interest in protective structures (source: Glassnode on X, Dec 8, 2025). @glassnode added that spot Bitcoin ETFs saw net outflows, underscoring softer investor appetite during the price recovery (source: Glassnode on X, Dec 8, 2025). @glassnode concluded that this combination of improved momentum but weaker Spot CVD, falling OI, stronger downside hedging, and ETF outflows points to a cautious near-term backdrop for BTC (source: Glassnode on X, Dec 8, 2025).

According to @glassnode, off-chain crypto market signals were mixed this week, with spot and ETF indicators improving. According to @glassnode, futures and options weakened as leverage and hedging demand declined. According to @glassnode, strength currently sits in spot and ETF, while derivatives continue to soften.

According to @glassnode, Bitcoin rebounded from the mid-$80K region and stabilized near $91K after last week’s drawdown, with buyers active at the lows (source: @glassnode). Conviction remains uneven across on-chain, derivatives, and ETF signals, setting a cautiously constructive but mixed market tone for BTC trading (source: @glassnode). Key trading areas referenced are the mid-$80K buy-support zone and the ~$91K stabilization level for near-term risk management (source: @glassnode).