Analysis: Traders are hedging against the risk of BTC prices falling to the $100000 mark

Odaily Planet Daily News: With rising geopolitical and economic uncertainty in global financial markets, traders are hedging against the risk of prices falling back to the $100000 mark. Trading data shows a surge in demand for put options (a downside protection tool that grants holders the right to sell at a specific price), particularly for short-term contracts. Among the options expiring on June 20th, the number of put open contracts with an exercise price of $100000 ranked first, with a put/call ratio of 1.16, highlighting the market's concerns about short-term declines. Analyzing renewal, market caution stems from the highly uncertain environment faced by Federal Reserve policy makers - geopolitical tensions and energy price fluctuations in the Middle East, coupled with inflation and labor market risks brought about by the Trump administration's tariff policies. As the Federal Reserve is expected to maintain interest rates unchanged for the fourth consecutive time later on Wednesday, market focus will shift to its latest forecasts for economic growth, unemployment rates, and interest rates. （Fortune）