Ethereum Options Traders Pay Up For Downside Protection As Skew Turns Cautious

TL;DRConfirmed that the 25-delta put-call options skew has shifted positive for early July expiries, showing options traders are paying more for short-term downside protection.
The key caveat: Avoid claiming options skew guarantees a price decline; portray it as a gauge of trader sentiment and hedging.
For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now.
What Happened
Ethereum Options Traders Pay Up For Downside Protectio