#Deribit says there's only a 32% chance of BTC breaking $100,000 by the end of the month.#

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Lin Chen, Head of Asia Pacific Business at cryptocurrency exchange Deribit, recently said on social media platform X that based on options market data, the probability of Bitcoin breaking $100,000 by the end of the month is only 32%. This view suggests that while Bitcoin prices have risen recently, market expectations for a sharp rise in the short term are not strong.

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Lin Chen, Head of Asia Pacific Business at cryptocurrency exchange Deribit, recently stated on social media platform X that, based on options market data, there is only a 32% probability of Bitcoin breaking through $100,000 by the end of the month. This view is based on the options market's predictions of future price movements, suggesting a cautious stance on a significant surge in Bitcoin's price in the near term. Although Bitcoin has recently seen a price rebound, the market generally believes that, in the face of macroeconomic uncertainties and regulatory ambiguity, it will be difficult for Bitcoin to break through the $100,000 mark in the short term. Deribit's analysis reflects market expectations for future price movements and provides investors with reference information. However, the final price trajectory will still need to be comprehensively judged based on market supply and demand dynamics and various other factors.

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Option market shows only a 32% chance of BTC breaking through $100,000 by the end of the month

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Deribit executives believe that option market data indicates a low probability of BTC breaking through $100,000 by the end of the month

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Option market data can be used as a reference, but it cannot fully represent the price trend of BTC

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BTC price trend is affected by multiple factors, option market data is only one of the reference indicators

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