#Deribit: 32% Probability of BTC Breaking $100,000 by Month's End#

Lin Chen, Head of Asia Pacific Business at cryptocurrency exchange Deribit, said on social media platform X that according to options market data, the probability of Bitcoin breaking through $100,000 by the end of the month is only 32%. This data suggests that while market sentiment has warmed up recently, the market remains cautious about a significant rise in Bitcoin in the short term. The options market, as an important financial derivatives market, can reflect investors' expectations for future price movements. Deribit's analysis shows that the market generally believes that Bitcoin is unlikely to break through $100,000 in the short term, which may be related to the recent uncertainty in the macroeconomic environment and the ambiguity of regulatory policies. Despite this, the market remains optimistic about Bitcoin's long-term prospects and expects Bitcoin prices to continue to rise in the future as the cryptocurrency industry continues to develop.