Options market data shows strong bullish sentiment, with a large number of traders betting on Bitcoin rising to 140000 and Ethereum rising to $4000

According to BlockBeats, on July 18th, options trading platform Deribit data showed that traders established $2.36 billion in nominal open interest contracts on $140000 call options, becoming the most popular bet on the platform. The $120000 and $130000 call options also received strong allocation. In contrast, the open interest size of a $100000 put option is only half of the largest call contract, highlighting the overall strong bullish sentiment in the market. The Ethereum options market also released a bullish signal. According to Amberdata data, the $4000 call option leads with $650.8 million in open contracts, while the $6000 call option also attracts nearly $280 million in funds. The decentralized platform data also validates Ethereum's optimistic outlook. Derive stated that 25% of ETH trading volume in the past 24 hours has been concentrated in call options with an exercise price of $3000-4000 expiring on July 25th, with $4000 call options on that expiration date accounting for 8% of open contracts. This strongly indicates that traders expect prices to rapidly and continuously break through, and with increasing bullish confidence, the demand for leveraged long positions is growing, "said Sean Dawson, head of research at Derive.