Current options pricing reflects a more measured bullish sentiment compared to recent trends. Short-duration options indicate a cautious approach following Bitcoin's new all-time high. Recent market flows appear slightly bearish as expectations mount for a hawkish rate hike from the Federal Reserve.
Despite Bitcoin (BTC) reaching new all-time highs, the latest trends in the options market suggest that traders are not pursuing the upward momentum with the same enthusiasm as before.
On Monday, BTC's price surged past $107,000, exceeding the previous record set on December 5, which has contributed to a cumulative gain of over 50% since the U.S. elections, according to CoinDesk data.
Any questions left? Please leave your contact info. Our Manager will answer you shortly.