#Options market bearish on BTC#
Hot Topic Overview
Overview
The options market is bearish on the future direction of BTC. According to Lin Chen, Head of Asia Pacific Business at Deribit, in a post on X, the options market shows a 32% probability of BTC breaking through $100,000 by the end of the month. This means that options market investors generally believe that BTC will have difficulty breaking through the $100,000 mark in the short term, and market sentiment is leaning towards bearish.
Ace Hot Topic Analysis
Analysis
The options market is taking a cautious view of BTC's future trajectory. Lin Chen, Head of Asia Pacific Business at Deribit, said on X that according to options market data, the probability of BTC breaking through US$100,000 by the end of the month is only 32%. This data indicates that while the recent market has held expectations for BTC price increases, options market participants generally believe that the probability of BTC breaking through US$100,000 in the short term is not high. This may be due to the uncertainty of the recent macroeconomic environment and the impact of regulatory policies on the cryptocurrency market, leading investors to take a wait-and-see attitude towards BTC's future trend.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Option
market
is
bearish
on
BTC
breaking
through
100,000
USD
at
the
end
of
the
month
,
Deribit
option
market
data
shows
that
the
possibility
of
BTC
breaking
through
100,000
USD
at
the
end
of
the
month
is
only
32%
,
the
option
market
is
an
important
indicator
of
market
sentiment
,
the
option
market's
prediction
of
BTC's
future
trend
is
not
necessarily
accurate